Exxon starts production ahead of schedule at PNG LNG project

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

Exxon Mobil (XOM) says its PNG LNG project in Papua New Guinea has started production of liquefied natural gas ahead of schedule.

XOM says production from the first LNG train will increase during the coming weeks, and expects the first cargo to be shipped to Asia markets before the middle of this year.

XOM expects to produce more than 9T cf of gas over 30 years of operations.