New Market Study, "Papua New Guinea Oil & Gas Report Q1 2015", Has Been Published
The ExxonMobil PNG LNG facility is now operating at full capacity and will commence some term contracts early. Two further LNG developments led by Osaka Gas and Total are expected to be developed over the next ten years. We also forecast oil production to increase on the back of greater condensate output which is due to be mixed with Papua New Guinea's Kutubu Blend.
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