
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Hong Kong-based PetroChina has awarded a three-year-long LNG supply contract to ExxonMobil’s PNG LNG project. Under the terms of the contract, 0.45 million tonnes a year (0.45Mt/y) of LNG from the operation in Papua New Guinea, will be supplied to PetroChina, reaching 1.35 million tonnes in 3 years. The PNG LNG project is already supplying some 6.6Mt to major Asian customers like Sinopec, Osaka Gas and others.