CHIBA, Japan, April 7 Exxon Mobil Corp
is marketing 1.3 million tonnes per year (mtpa) of mid-term
liquefied natural gas volumes from its $19 billion Papua New
Guinea LNG (PNG LNG) plant, reflecting overproduction and an
increase in gas reserves.
Japan's city gas industry embarks on a new era on April 1 when city gas suppliers lose their monopoly rights to sell piped natural gas to the 2.4 trillion yen ($21.5 billion) per year retail market comprised mainly of households.