The increase supports a potential significant expansion of operations in the country.
ExxonMobil Corporation announced this following an independent recertification study by Netherland Sewell and Associates after the successful completion in January of the P’nyang South-2 well, located in the Western Province.
The results support ExxonMobil’s discussions with its joint venture partners on a three-train expansion concept for the PNG LNG liquefied natural gas (LNG) plant outside Port Moresby.
