LNG

ExxonMobil keen on PNG growth

EXXONMOBIL PNG head Andrew Barry told the Papua New Guinea Petroleum & Energy Summit in Port Moresby that the US supermajor sees a big future in PNG which can help transform the nation’s economy.

Haydn Black

Andrew Barry with PNG Prime Minister Peter O'Neill at the PNG LNG power plant.

He praised the government's decision in 2009 to provide fiscal certainty in the face of sovereign risk to allow PNG LNG to proceed, and said there were similar headwinds facing the expansion. "When...

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