Toocents posted this on yahoo.
anyone have the rest of the article ,interesting
Petroleum Economist
ExxonMobil expands LNG footprint
Damon Evans, BRISBANE: ExxonMobil is on track to expand its $19 billion Papua New Guinea liquefied natural gas (PNG LNG) project, and, separately, to take a final investment decision on what would be the world’s largest floating LNG (FLNG) plant off Australia.
The US supermajor is primed to at least double its two-train 6.9 million tonne per year (t/y) PNG LNG export project if exclusive negotiations to use InterOil’s Elk and Antelope gas resources as feedstock prove successful.
ExxonMobil’s head for Middle East and Australia, Mark Nolan, told reporters that the size of the resource, now estimated at between 4 trillion and 5 trillion cubic feet, will determine the size of the expansion. Analysts believe the