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>

<< May 2019 >>
MTWTFSS
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

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

GIE Annual Conference 2019

The French gas infrastructure operators ELENGY, GRTgaz and Storengy are looking forward to be your hosts in 2019.

read more >