ExxonMobil LNG output offsets natural gas dip

Friday, 27 April 2007

ExxonMobil, the world's largest company by stock market value and a leading LNG producer, has posted first-quarter 2007 profit of $9.28 billion, a rise of 10 percent, on higher LNG volumes from Qatar and a boost in refining and marketing income, which offset a slowdown in oil earnings and natural gas production other than LNG.

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