Exxon Mobil buys LNG to chill quake-hit Papua New Guinea project
Published by Joseph Green,
Editor
LNG Industry,
Reuters are reporting that ExxonMobil Corp has bought a LNG cargo to keep its Papua New Guinea plant cold after a powerful earthquake triggered a production halt.
The cool-down cargo could be a first step toward restarting LNG production at the facility ahead of schedule or it may simply be needed to maintain operational readiness.
Stopping the liquefaction process which condenses gas into a liquid at -162°C causes LNG plants to warm up, requiring cargoes to be imported to keep cryogenic tanks and equipment operational.
Exxon’s Papua New Guinea project was shut in late February after an earthquake disrupted feed-gas supplies from the gas-producing Highlands region.
Exports were to resume by early May.
The cool-down cargo is for delivery in early April and was bought from oil major BP.
Read the article online at: https://www.lngindustry.com/liquefaction/20032018/exxon-mobil-buys-lng-to-chill-quake-hit-papua-new-guinea-project/
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