Author Topic: US News | UPDATE 1-Exxon's PNG LNG project cost balloon to $19 bln  (Read 429 times)

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UPDATE 1-Exxon's PNG LNG project cost balloon to $19 bln

SYDNEY, Nov 12 (Reuters) - The cost of Exxon Mobil's
massive gas export project in Papua New Guinea will soar more
than 20 percent to $19 billion due to foreign exchange impacts
and delays from work stoppages and land access issues, but it is
still expected to start in 2014.

Source: UPDATE 1-Exxon's PNG LNG project cost balloon to $19 bln

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