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ExxonMobil reports cost overruns at PNG LNG

01 December 2011

Read more: [exxonmobil] [oil search] [santos] [nippon oil]

ExxonMobil has told the other sponsors of the Papua New Guinea LNG project that project capital costs are likely to increase from $15 billion to $15.7 billion thanks to foreign currency fluctuations. ExxonMobil owns 33% of the project, and is its operator, while Oil Search,...

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