PNG Liquefied Natural Gas Project 2009

Esso Highlands Limited (Esso) proposes to develop the Papua New Guinea Liquefied Natural Gas Project
(PNG LNG Project) in a co-venture with other participants. Esso (as project operator) will produce and condition gas from new and existing petroleum fields in the Southern Highlands and Western provinces of Papua New Guinea, send the conditioned gas by pipeline across Gulf Province and the Gulf of Papua to a 6.3-Mtpa LNG Plant in Central Province, liquefy the gas, and load it onto LNG carriers for export. The project will also produce condensate for export.