Exxon Mobil: PNG LNG Finalizes Offtake Deal With Osaka Gas
December 22 2009 - 1:46AM
Dow Jones News
The proposed US$15 billion PNG LNG liquefied natural gas project
in Papua New Guinea has finalized a gas sales agreement with
Japan's Osaka Gas Co. Ltd. (9532.TO), project operator Exxon Mobil
(XOM) said Tuesday.
The agreement is for the supply of approximately 1.5 million
metric tons of LNG a year from the project for 20 years, Exxon
Mobil said in a statement.
-By Ross Kelly, Dow Jones Newswires; 61-2-8235-2957;
ross.kelly@dowjones.com
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