AFN article today: Marubeni Corp is separately in talks to buy 3.6 per cent of Exxon Mobil's Papua New Guinea liquefied natural gas plant from Santos for more than $1 billion, the people said, asking not to be identified.
The Australian Financial Review reported earlier that Marubeni had expressed interest in part of Santos's stake in the Papua New Guinea project and could reach a deal as soon as this week, without saying where it got the information. A spokesman for Quadrant said the company is "regularly approached" about its interest in various projects and declined to comment further. A representative for Marubeni said the company can't comment at this time.
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