Exxon Corp. last week disclosed an agreement under which one of its units will move toward a multi-billion dollar development program in giant Natural gas field off Indonesia and export liquefied natural gas. After many years of planning, the accord among Exxon unit Esso Exploration & Production Natuna Inc., the Indonesian government, and Indonesia's Pertamina clears the way for a study of Natuna LNG demand among potential Asian customers. The most likely markets include Japan, South Korea, and Taiwan. Detailed engineering, infrastructure development, and platform, pipeline, and LNG plant construction is to follow, with the project ...

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