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* BP will get about 450,000 T of LNG annually over initial 3yrs
* That will increase to 900,000 T for a further 2 yrs(Adds detail, comment)
Aug 17 (Reuters) - An ExxonMobil-operated gas project inPapua New Guinea has agreed a deal to supply liquefied naturalgas (LNG) to a unit of British oil giant BP, saidAustralia's Oil Search Ltd, a partner in thedevelopment.
The agreement, starting this month, will provide BP withabout 450,000 tonnes of LNG annually over an initial three-yearperiod, rising to about 900,000 tonnes for the following twoyears, Oil Search said in a statement on Friday.
It did not give any value for the deal.
"(The move) takes the total contracted volumes from theProject to approximately 7.5 MTPA (million tonnes per annum)",said Oil Search Managing Director Peter Botten.
The agreement comes a month after Oil Search announced asimilar deal with PetroChina Co Ltd.
The company also said that, on behalf of the project,ExxonMobil was in negotiations with several other parties overan additional 450,000 tonnes per year of supply.
Earlier this month, Oil Search resumed operations to produceoil at the Agogo Production Facility, which was knocked out by amajor earthquake in Papua New Guinea in February.
(Reporting by Aditya Soni in BengaluruEditing by Joseph Radford)
