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Economy

Chinese demand spurs LNG investment in Papua New Guinea

ExxonMobil and partners set to spend $9 billion to expand export capacity

A tanker loads LNG at ExxonMobil's PNG LNG plant off Port Moresby. (Courtesy of Oil Search)

DENPASAR, Indonesia Strong growth in gas demand from China is set to trigger a new round of major investment in cash-strapped Papua New Guinea.

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