This bring the recoverable resource base to 11.5 tcf, which is a 25 per cent increase beyond the earlier 9.2 tcf assessment.
ExxonMobil PNG, operator of the PNG LNG joint venture, announced this today in a statement following an independent review and recertification study.
ExxonMobil PNG Managing Director, Andrew Barry, says “the independent review highlights the exceptional quality of the PNG LNG project resources and the significant increase in resource provides the potential for additional mid or long-term sales.”
