ExxonMobil buys cooldown cargo for PNG LNG plant

ExxonMobil buys cooldown cargo for PNG LNG plant
Image courtesy of Oil Search

US energy giant ExxonMobil has reportedly snapped up a cooldown cargo for its Papua New Guinea liquefied natural gas (LNG) export facility that was shut down following an earthquake at the end of February. 

Citing trade sources, Reuters reports the cargo has been purchased from BP and is scheduled for delivery in early April.

To remind, ExxonMobil’s PNG LNG facility was shut down following a 7.5 magnitude earthquake that hit the Papua New guinea Highlands on February 26,  causing a halt in operations at the plant.

Following a damage assessment, ExxonMobil said it could take up to eight weeks to repair and restore production at the plant.

The cargo purchased by ExxonMobil is set to keep the LNG storage tanks at the facility operational, which is seen as the first step towards restarting LNG production at the plant, which is expected by early May.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >