Exxon's Remote Pacific Gas Workhorse Shut After Earthquake
- PNG LNG plant accounts for about 3% of global LNG production
- Magnitude 7.5 earthquake damaged roads, phone networks
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Exxon Mobil Corp. shut its liquefied natural gas export plant in Papua New Guinea after an earthquake in the Pacific nation’s remote highlands cut supplies from the company’s upstream fields.
The U.S. oil giant said Tuesday it closed both units at its PNG LNG facility near the nation’s capital, Port Moresby, which liquefies gas produced hundreds of kilometers inland near the epicenter of Monday’s magnitude 7.5 quake. Damaged phone networks and roads, as well as continued aftershocks, hampered efforts to assess the extent of the destruction, and officials in the impacted areas told The Associated Press they fear dozens may have been killed or injured.