Exxon to be paid US$55m per annum for 20 years for gas pipeline – -says Brassington at Energy Conference

Giving an overview of the Wales Gas to Shore Project, the government yesterday emphasised profitability while announcing that $400 million has been set aside for land compensation and that ExxonMobil will be repaid US$55 million per annum for 20 years from cost oil, for its US$1.1 billion infrastructure input.

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