Business News

LNG Achieves 100th LNG Cargo


By Delly Waigeno – EM TV, Port Moresby

The ExxonMobil operated PNG LNG Project achieved its 100th cargo of Liquefied Natural Gas (LNG) over the weekend.

The LNG carrier Methane Spirit will be transporting the cargo to Japan for the Tokyo Electric Power Company, the same customer who received the first cargo in May 2014.

More than 7 million tonnes of LNG have been exported since the Project commenced production in April 2014.

ExxonMobil PNG Limited Managing Director, Andrew Barry, says this milestone further underpinned PNG LNG’s reputation as a reliable producer of gas. 

The Project is expected to produce more than 9 trillion cubic feet of gas over the estimated 30 years of operations.

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