Papua New Guinea has broken off talks with ExxonMobil, casting doubt on the $13 billion P’nyang gas project, which would have expanded the PNG LNG facility. The supermajor said it was in no hurry to bend. ExxonMobil, which has spent $19 billion developing the gas fields and PNG LNG, intended to build three more 2.7 mtpa LNG trains. Santos and Oil Search are partners on the project. The government agreed to terms on a......
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