PNG Government Prefers Exxon, Total Pursue 2nd LNG Project

  • Kumul Petroleum says government favors two separate projects
  • Sufficient gas exists for both PNG LNG and Papua LNG plants

Papua New Guinea is backing a new greenfield liquefied natural gas facility led by France’s Total SA in addition to an expansion of the existing $19 billion Exxon Mobil Corp. PNG LNG project.

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