International Markets

The international market demand for LNG is growing rapidly, particularly in the Asia Pacific region. Many countries including Australia, Malaysia, Qatar and Indonesia currently export LNG.

Selling gas internationally brings many benefits to exporting nations in terms of direct income to the State, improvement in the balance of trade, and direct income and other benefits to the impacted communities.

PNG LNG is being jointly marketed with operator, ExxonMobil, leading the marketing activity on behalf of the joint venture. The Project was introduced to buyers at GasTech in Bangkok, March 2008 and formal negotiations with buyers commenced in July 2008 commercial discussions with potential buyers have started.