PNG LNG could delay FID

AN energy and infrastructure specialist from Societe Generale, the appointed financial advisors to the ExxonMobil-led PNG LNG, has tipped the final investment decision of the project could be moved to 2010 given the difficult financing environment.

PNG LNG could delay FID PNG LNG could delay FID PNG LNG could delay FID PNG LNG could delay FID PNG LNG could delay FID

So far there has been no indication from ExxonMobil, Oil Search or other PNG LNG joint venture partners that FID will not take place in the fourth quarter of next year.

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