The Papua New Guinea liquefied natural gas (LNG) project is the largest resource extraction project in the Asia-Pacific region. Constructed at a stated cost of US$19 billion, it’s operated by ExxonMobil in joint venture with Oil Search and four other partners.
The project extracts natural gas from the Papua New Guinea highlands where it is processed before being sent via some 700km of pipeline to a plant near the nation’s capital, Port Moresby. The gas is then liquefied and transferred into ships for sale offshore.
Construction for the project began in 2010, and the first gas shipment was made in May 2014.… Seguir leyendo »