Papua New Guinea LNG Facilities May Take 8 Weeks to Restart After Quake
March 04 2018 - 5:59PM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Exxon Mobil Corp. (XOM) said it may take roughly eight
weeks to restart production at natural-gas facilities in Papua New
Guinea, as it repairs damage caused by a Feb. 26 earthquake.
The energy company and its partners halted both production lines
at a liquefied natural gas operation outside the capital of Port
Moresby after shutting a gas-conditioning plant in the Highlands
region where the magnitude 7.5 earthquake struck.
"We have assembled a team of technical experts from ExxonMobil's
global workforce to help the local team complete damage evaluations
and restore production," Andrew Barry, managing director of
ExxonMobil PNG, said.
Mr. Barry said work at the Hides Gas Conditioning Plant has
turned to restoring the camp and associated facilities. Initial
visual inspections suggest the major processing equipment at the
site hasn't been significantly damaged, ExxonMobil said in a
statement.
Gas, condensate and water are separated at the Hides plant
before being piped to other facilities. The gas is transported
along a roughly 430-mile pipeline to the LNG plant near Port
Moresby, where is it is chilled to a liquid for shipping.
The Komo airfield, built to bring equipment and workers to the
Hides plant, remains closed. "Options are being developed to return
the airfield to service as soon as possible," ExxonMobil said.
Oil Search Ltd. (OSH.AU) has a 29% stake Exxon's US$19 billion
PNG LNG project and Santos Ltd. (STO.AU) has a 13.5% interest.
- Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
March 04, 2018 17:44 ET (22:44 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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