Saturday, 1 August 2009

Exxon Mobil confident over LNG projects

Exxon Mobil’s quartet of big liquefied natural gas (LNG) projects in Qatar are progressing towards completion by the end of this year.

All of the new production facilities for the supercooled gas, which the US company is developing with Qatari government-owned partners, were on track for start-up within the next five months, said David Rosenthal, Exxon Mobil’s vice president of investor relations.

“We’re looking forward to getting those four trains up and running and the products into the market,” he said during a conference call.

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