ExxonMobil resumes LNG talks with Papua New Guinea

The US oil giant continues negotiations with the national government following major disagreements and a two-year hiatus.


After an extended silence, US oil supermajor ExxonMobil and the government of Papua New Guinea now fire up natural gas project P'nyang once again, reports Reuters.

Back in November 2019, negotiations regarding the project were put on hold. The national government held that Exxon wasn't willing to negotiate on the country's conditions, and the two parties thereby came to an impasse in the USD 13bn project.

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