LNG

Oil Search, the Australian-listed company based in Papua New Guinea, said that discussions were continuing between PNG LNG plant operator ExxonMobil and the Oceania nation’s government on the LNG expansion project as cargo deliveries increased in the third quarter.

Australian Asia-Pacific liquefied natural gas market participant Santos said its average LNG price realized in the second quarter was US$9.09 per million British thermal units as 57 cargoes were shipped from its associated Australian and Papua New Guinea LNG export plants.