Papua New Guinea Flags Talks With Exxon on $13 Billion Gas Expansion Hit Impasse

New York Times | Nov 22, 2019 at 8:55 AM
  • Papua New Guinea’s petroleum minister flagged on Friday that talks with Exxon Mobil Corp tied to a $13 billion gas expansion had reached an impasse as the U.S. oil giant was unwilling to negotiate on the country’s terms.
  • Exxon Mobil’s PNG spokesman was not immediately available to comment.