Papua lng project. Our operations are producing approximately 7.

Papua lng project Mar 20, 2023 · Planned to be built near the existing processing facilities of the $19bn PNG LNG project, located 20km north-west of Port Moresby, the Papua LNG project will have an LNG liquefaction capacity of around four million tonnes per year (Mtpa). Speaking at the launch of the NASFUND FM100 Talkback Show on Monday, the Prime Minister addressed recent May 5, 2023 · Indonesia’s Tripatra, a unit of Italy’s Saipem, and South Korea’s Daewoo Engineering & Construction have secured a contract for the TotalEnergies-led Papua LNG project in Papua New Guinea. The project is targeting a final investment decision (FID) around the end of 2023, and a start-up at the end of 2027. He expressed his gratitude and commendation to ExxonMobil, the project partners, co-venturers, along with the Western Mar 7, 2023 · “This project, strongly supported by the Papua New Guinea State, will contribute to the security of LNG supply, especially for customers in Asia, where LNG can substitute coal for power May 8, 2023 · Kicking-off this “Boom Mark II” will be the Papua LNG project, which is expected to go to commencement by early 2024. 6 million tonnes per year (Mt/y). Feb 6, 2025 · Papua LNG Project. To inform the public about the Papua LNG project and its initiatives with the locals. Jan 13, 2025 · “We discussed the importance of aligning our LNG production with PNG’s green credentials,” PM Marape said. 1 per cent), Santos (22. Apr 21, 2021 · The Papua LNG Project has evolved from the prospecting stage, to the discovery of Elk/Antelope gas resources, to signing of the Papua LNG Gas Agreement and now to LNG development. Apr 9, 2019 · It will further strengthen our position in the Pacific basin and ensure our future LNG portfolio growth. 6mn t/yr Papua LNG project in Papua New Guinea is likely to be taken in late 2025, Australian independent Santos' chief executive Kevin Gallagher told an investor call marking the firm's half-year results to 30 June. 4 million tonne a year liquefied natural gas (LNG) project that will target the production of the two main discoveries of Block PRL-15 gas fields, Elk and Antelope. A final investment decision is expected to trigger the PNG State’s direct involvement in the venture, with the following percentages expected: TotalEnergies (31. Petronas set for upstream debut in Papua New Guinea. With […] Feb 22, 2022 · “The P’nyang project gas agreement marks a significant milestone and underscores the intent of all stakeholders to set a clear framework toward the P’nyang project’s future development. “Papua LNG is perfectly located to serve the Asian markets,Continue reading "TotalEnergies country head “The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and thus contribute to its further development,” said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies. PNG government pushes for cost cuts amid reported 50% budget surge Papua LNG is a liquefied natural gas (LNG) production project led by TotalEnergies in response to Papua New Guinea’s desire to develop its gas resources. 1 per cent), ExxonMobil (37 per cent) and Santos (22. Apr 8, 2024 · French energy giant TotalEnergies and its partners have postponed a final investment decision on the planned Papua LNG export project in Papua New Guinea. Published 5 November 2024, 10:04 Updated 5 November 2024, 10:04. Over its 30-year life the Project is expected to Mar 7, 2023 · ExxonMobil, Papua LNG joint venture partner and PNG LNG project operator, will construct and operate the e-trains. Feb 10, 2025 · US-based Exxon Mobil has started term LNG supplies to China's Guangdong Energy via a cargo sourced from its Papua New Guinea LNG export plant. 83 percent interest, and JX Nippon holds 2. Apr 8, 2024 · The Papua LNG project will have a liquefaction capacity of up to six million tonnes of LNG per annum with the first production previously anticipated by the end of 2027 or early 2028. Our operations are producing approximately 7. 5bn over the 30-year lifetime of the project. ExxonMobil PNG Limited is the operator of the US$19 billion PNG LNG Project, an integrated development that is commercialising the gas resources of Papua New Guinea. A 320-km pipeline connecting the processing plant to the liquefaction plant located in Caution Bay is also planned. Jan 29, 2025 · Prime Minister James Marape on Tuesday, January 28, 2025, welcomed a high-level delegation from TotalEnergies to discuss the progress of key LNG projects in Papua New Guinea, including the flagship Papua LNG project and new exploration opportunities at Mailu in Central Province. Papua LNG is a liquefied natural gas (LNG) project led by TotalEnergies in response to Papua New Guinea’s desire to develop its gas resources. Jul 20, 2022 · “The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and thus contribute to its further development," said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies. “The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and Could Papua New Guinea’s second gas project get the green light in 2025? In an exclusive interview with Business Advantage PNG, Arnaud Berthet, Managing Director of TotalEnergies EP PNG, outlines the Papua LNG project timeline and the activities left to complete on the road to FID. 3 million tons per annum. The estimated US$10 billion project will effectively involve two parts. Following pre-FEED studies, the Papua LNG partners have chosen a concept involving four electric LNG trains (e-trains) with a combined capacity of 4 MMT/Y set to be developed within the existing Apr 10, 2024 · The French oil and gas company TotalEnergies, the operator of the proposed Papua LNG project in Papua New Guinea, plans to make a final investment decision (FID) on the project in 2025. G967, No. FID was initially expected in late 2023 or early 2024 but additional work on EPC contracting will be required before reaching FID. PNG LNG benefits at a glance. Kerenga Kua, officially signed the Memorandum of Approval for transfer of a 2. The Marape-Rosso government places high priority on the delivery of Papua LNG Apr 14, 2023 · Papua LNG project details. This was announced officially by the Minister of Petroleum and Energy, Hon. This is There are five LNG projects in PNG; only the Hides Project is fully operational. Apr 10, 2024 · The Papua LNG project will consist of nine production wells, one water injector, one CO 2 reinjection well, and a gas processing plant. [1] Prime Minister James Marape was present at the signing at the Government House, Konedobu. May 17, 2022 · PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. In addition, TotalEnergies intends to drill the first deepwater exploration Similar to the Early Works Information Session held earlier in May in both Port Moresby and Lae, Papua New Guinean business houses received up-to-date information on the Papua LNG project, its procurement process, key packages and upcoming tenders in 2024 for the project. Pasca A offshore gas project – Set to contribute to PNG’s LNG portfolio. Papua New Guinea’s ambitious Papua LNG project is moving closer to a Final Investment Decision (FID), with Prime Minister James Marape confirming that significant progress has been made despite economic and logistical challenges. Introduction The PNG LNG Project is unlocking value from stranded gas resources in the Highlands of Papua New Guinea. Feb 12, 2025 · The PNG Government is committed to advancing the Papua LNG project, with Prime Minister James Marape confirming that final investment decision (FID) is expected by the end of the year. Jan 22, 2025 · Prime Minister James Marape has assured the nation that the crucial Papua LNG project remains on schedule, despite facing initial cost concerns. 4 million tons per annum (Mtpa) capacity will consist of two LNG trains of 2. The gas resources have been estimated at over 1 billion barrels of oil equivalent. Dec 10, 2024 · Timing is everything in LNG, and delays at the planned 5. On the 6 th of July, 2023, Petroleum & Energy Minister Hon. PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. This will make our LNG more attractive to buyers in both spot and long-term contracted markets. James Marape on Tuesday, January 28, 2025, welcomed a high-level delegation from TotalEnergies to discuss the progress of key LNG projects in Papua New Guinea, including the flagship Papua LNG project and new exploration opportunities at Mailu in Central Province. "The quarter of 2022. 55 percent operating stake in the Papua LNG project, ExxonMobil has 37. Marape also emphasized the significance of the commitment shown by Woods and PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. Dec 10, 2024 · James Marape reported “good progress” in reducing a 50 per cent cost blowout that delayed the Papua LNG project, but doubts remain on its timing. It would be the second LNG project for the country, making it a major exporter in the region. Stakeholder engagement will therefore be conducted to establish a lasting, positive relationship with stakeholders. The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide, especially for customers in Asia seeking to decarbonise from coal to gas, in line with our strategy to lower global greenhouse gas emissions. The project, which will double PNG's gas production, represents the second-largest foreign direct investment ever in the country. Aug 22, 2024 · Asked about the Papua LNG project during the Santos H1 earnings call on Wednesday, Gallager said “we’re working with the joint venture partners on Papua to reset the FEED phase of the project. The Papua LNG Project will include nine production wells, one water injection well, one carbon dioxide reinjection well and a gas processing plant. Marape made this announcement after meeting TotalEnergies chief executive officer Patrick Jun 18, 2024 · From ExxonMobil’s perspective, the industrial capability and capacity growth shown across Papua New Guinea since the early construction days of the PNG LNG Project gives us confidence that Papua LNG downstream facilities can achieve an even higher benchmark for national content engagement. com. 6 days ago · Prime Minister Hon. Three electric liquefaction trains with a cumulative capacity of 4Mt/y will be developed at the existing plant in Caution Bay to reduce the project’s carbon Santos today announced the Papua LNG joint venture has launched fully-integrated front-end engineering and design (FEED) for the Papua LNG project in Papua New Guinea. Our production operations include gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities. Production workforce of over 2,700, 91 percent are Papua New Guinean and 20 percent are women; Around 1 billion cubic feet of natural gas turned into LNG every day at the LNG Plant Dec 3, 2024 · Papua LNG in brief. 9 million tonnes of liquefied natural gas each year which we export to four major customers in the Asia region. The discovery of the Elk/Antelope gas resources which is located in the Gulf Province has given prominence to developing these gas resources in the country. This ambitious undertaking aims to harness the Elk-Antelope gas fields in Papua New Guinea’s Gulf Province, potentially solidifying the nation’s status as a major player in the global energy market. May 1, 2014 · In August 2010, BAM Clough joint venture was awarded a A$314m contract for building the condensate and LNG offloading jetty in the Gulf of Papua for the PNG LNG project. Jul 24, 2024 · The Papua LNG project is based on the development of the onshore Elk and Antelope gas fields, plus 320 kilometres of onshore and offshore pipelines, and four new electric liquefactions trains at Feb 14, 2025 · In a letter dated Jan 15 published on Intesa’s website and not previously reported, the bank said, “Intesa Sanpaolo does not intend to participate in the financing of the Papua LNG project”. The Prime Minister and Patrick Pouyanné agreed that this slight delay will not affect the early works planned in Papua New Guinea in 2024 and that the project will maintain its full support to local population of Gulf Province. 1 per cent) that the fully-integrated front-end engineering and design (FEED) work on the US$10 billion (K35. The construction of three electric LNG processing trains at the LNG plant at Caution Bay and the reinjection from day one of carbon dioxide from producing wells into the reservoirs (Elk and Antelope in Gulf Province), are two key technical choices made by TotalEnergies to lower the greenhouse gas emissions of the project. ExxonMobil is proud to have signed the P’nyang Gas Agreement with Papua New Guinea linking new upstream facilities in Western Province to existing infrastructure. The project aims to be sustainable, carbon-neutral and biodiversity-positive, and to create local opportunities and benefits. “The Papua LNG project is a project of national significance for Papua New Guinea and will stimulate business confidence and provide a significant impetus for our economy. The Papua LNG project will be an exemplary project in its deployment, paying particular attention to the environment and biodiversity, while respecting the rights of the The Papua LNG project is driven by the need for energy that is reliable, affordable, and accessible to as many people as possible, and this energy can be produced while fostering socio-economic development and preserving the environment for present and future generations. The Papua LNG Project will develop the Elk-Antelope gas field and transmit the gas by a new pipeline to the Caution Bay site occupied by ExxonMobil. Prime Minister Marape confirmed substantial progress on the re-engineering and re-scoping of Papua LNG, which is now moving toward the next phase of development Papua LNG project is dedicated to provide the local communities with many different opportunities. 8 per cent). There Total will have four new electric driven LNG processing trains Papua New Guinea Prime Minister James Marape has revealed that the initial tender of US$18 billion (about K72 billion) for the construction of the Papua LNG project was deemed economically unfeasible, prompting a comprehensive review by project partners. P’nyang gas project – Following Papua LNG to ensure long-term energy sector expansion. 58% equity share from the operator of the Papua LNG project TotalEnergies EP PNG (TEP PNG) to JX Nippon Oil & Gas Corporation. 6-million-ton-per-year Papua LNG export terminal have raised concerns about feedstock shortages for PNG LNG, Exxon’s flagship joint venture. Feb 13, 2025 · Two more banks have joined the growing number of global banks that have ruled out financing TotalEnergies’ proposed LNG project in Papua New Guinea. Dec 12, 2023 · It was a significant milestone for the Department of Petroleum and Energy after its completion of the National Ministerial Determination No. Papua LNG, which is expected to have up to 6 million tonnes per annum of liquefaction capacity, was last Project, partners & independant advisory panel. 5 per cent compared to just 19. We estimate: • The Papua LNG project will deliver PGK18bn in new spending (in constant prices or in real terms) during its construction phase. 55 per cent interest, and including ExxonMobil (37. Addressing recent delays in the project, Marape said cost escalations had necessitated a review of engineering, procurement, and construction contracts to align Jan 22, 2025 · Marape stated, "We aim to ensure that once Papua LNG is operational, efforts will be made to develop the P’nyang LNG. 1 per cent) 04/08/2024: Joint Statement of the Independent State of Papua New Guinea and TotalEnergies; 03/07/2023: Papua New Guinea: TotalEnergies launches integrated engineering studies for the Papua LNG project; 07/20/2022: Papua New Guinea: TotalEnergies Announces New Milestone towards Papua LNG Development May 6, 2021 · Papua LNG project is a 5. The project initially required an estimated investment of $9. Feb 11, 2025 · In addition to Papua LNG, several major resource projects are moving towards development, including: Wafi-Golpu gold and copper project – Final agreements expected in 2025. James Marape has reaffirmed his government’s commitment to advancing the Papua LNG project, confirming that Final Investment Decision (FID) is expected by the end of 2025, paving the way for a new wave of economic growth in Papua New Guinea’s oil and gas sector. Apr 8, 2024 · As a consequence, FID of Papua LNG project is now expected in 2025,” the company said. The Project will have an LNG export volume of 5. ” “And the best estimate I would give you right now is that the joint venture will be looking to line up an FID decision towards the end of 2025. Papua LNG Project. 83 per cent) and JX Nippon (2. May 30, 2023 – Port Moresby, Papua New Guinea Marking yet another milestone for the Papua LNG project, six (6) of the required petroleum applications licences were submitted to the Department of Petroleum and Energy (DPE). ” “The Marape-Rosso government places high priority on the delivery of Papua LNG project, we have an improved deal for our people, and improved contribution of our Apr 8, 2024 · TotalEnergies has postponed a final investment decision on the planned Papua LNG project in Papua New Guinea to 2025, from an earlier expected date of this year, according to the joint statement relea Mar 7, 2023 · A long-awaited milestone towards Papua New Guinea’s next phase of economic growth was reached yesterday with the announcement by joint venture partners, TotalEnergies (40. Papua LNG is expected to have liquefaction capacity of up to six million tonnes of LNG per annum with first production expected by the end of 2027 or early 2028. 7 billion) Papua LNG project with Total, ExxonMobil and Oil Search. Sep 15, 2023 · The first phase of FEED studies for the upstream facilities of the Papua LNG project was awarded in July 2022 to a consortium led by Technip Energies. Who owns the Papua LNG project? The venture partners in the Papua LNG project are currently TotalEnergies (31. Thu, Apr 17, 2025 ENERGY INTELLIGENCE NEWS in addition to construction of the PNG LNG Project, the company has interests in fuels marketing and oil production. A 320km long pipeline will be used to transport gas from the Elk and Antelope fields to the Caution Bay site. In 2004, an affiliate of ExxonMobil began working on a concept to commercialise the natural gas in PNG’s Southern Highlands and transport this via a 3,000 kilometre pipeline to Feb 3, 2025 · Prime Minister James Marape concluded a series of high- level meetings at the World Economic Forum with a productive discussion with Patrick Pouyanné, CEO of TotalEnergies, focusing on the Papua LNG project and its future progress. Mar 27, 2024 · The Government and the project partners for the US$12 billion (or K36 billion) P'nyang LNG project in Western signed the Fiscal Stability Agreement on March 18, 2024 in Port Moresby. G968 and No. (CELCOR), Papua New Guinea, Japan Center for a Sustainable Environment and Society (JACSES), Jubilee Australia Research May 23, 2023 · 22 May 2023 (IEEFA Australia): Backers of Papua New Guinea (PNG)’s second proposed liquefied natural gas (LNG) project face significant risks on two fronts: the failure to attract any sales or supply agreements for its gas, and the fact it could be entering a saturated global LNG market already facing declining global demand, according to a new report . The focus has shifted from Oil to Liquefied Natural Gas (LNG July 6, 2023 – Port Moresby, Papua New Guinea. Copublished with Centre for Environmental Law and Community Rights Inc. 58 percent. “Our goal is to brand Papua New Guinea as a green energy nation, producing LNG from a country with a negative carbon footprint. Jan 30, 2025 · Papua LNG Project. May 24, 2023 · The advantages of having a second Liquefied Natural Gas (LNG) project in a country like Papua New Guinea is important and strategic in that the people are attached to the land, and they want to feel they are part of the extraction of resources and wealth -- and they can only do that through the development of their customary land. Mar 7, 2023 · “The Papua LNG Project is a project of national significance for Papua New Guinea and will stimulate business confidence and provide a significant impetus for our economy” said the Honorable Kerenga Kua, Minister of Petroleum and Energy of Papua New Guinea. These companies cooperate under the Papua-LNG project. Mar 20, 2023 · The Papua LNG project will have an LNG liquefaction capacity of around four million tons per year (Mtpa). In this report, we quantify its potential economic contribution. With the project exceeding export expectations, the focus has now shifted to two new projects, which would more than double the country’s LNG production capacity if they come Nov 5, 2024 · New gas volumes imminent for Papua New Guinea's flagship LNG project. Learn more about the PNG LNG Project at www. 04 percent, Santos owns a 22. A final investment decision (FID) for Papua LNG is expected at end-2023 or early May 5, 2023 · The Papua LNG project is based on the exploitation of the onshore Elk-Antelope gas fields in Block PRL 15 via a large onshore central processing facility, dual 60-kilometre onshore pipelines for ExxonMobil is the parent company of ExxonMobil PNG Limited, the operator of the PNG LNG Project, who successfully and safely delivered PNG’s first LNG project. 5 per cent in the Papua LNG project. ” The P’nyang development in Western Province is proposed to commence following the Papua LNG project, which will be located in Gulf Province. Papua LNG is a liquefied natural gas (LNG) project led by TotalEnergies, with a 37. The Papua LNG project alone would increase the country’s annual emissions from the industrial and energy sectors by 7%, resulting in over 220 million tons of CO2 emissions (scope 3), or as much as the annual emissions of the whole of Bangladesh and its 169 million inhabitants. Finances and shareholdings of ExxonMobil’s PNG LNG project. The gas produced by these fields will be transported by a 320 kilometres onshore/offshore pipeline to Caution Bay site in order to be liquefied. The final investment decision for Papua LNG is targeted in 2025 Oct 31, 2024 · The Papua LNG project was navigating towards a final investment decision earlier this year, but TotalEnergies postponed the development in April because quotes from EPC contractors were too high. Mar 21, 2023 · Photo Credit: Papua LNG - Map showing 260 km of offshore pipeline and 60 km of onshore pipeline extending from Elk and Antelope fields to Caution Bay On March 07, 2023, in separate announcements, Santos, TotalEnergies, and Exxon announced the Papua LNG project had launched the first phase of a fully integrated front-end engineering and design (FEED) for the Papua LNG project in Papua New Dec 11, 2024 · OIL & GAS Papua LNG cost blowout triggers calls for redesign, Santos sticks to 2025 timeline . Jan 16, 2025 · TotalEnergies is currently developing the Papua liquefied natural gas project based on the onshore Elk and Antelope gas discoveries. The LNG production capacity is 8. Following a meeting with TotalEnergies CEO Patrick Pouyanné, the Prime Minister confirmed that the initial $18 billion construction tender was deemed economically unfeasible. pnglng. An agreement was made between the PNG government and a consortium of companies to develop the second project: the "Elk/Antelope" field. Tripatra revealed this in a statement issued this week saying the front-end engineering and design (FEED) contract is for the upstream facilities of “The Papua LNG Project is a project of national significance for Papua New Guinea and will stimulate business confidence and provide a significant impetus for our economy” said the Honorable Kerenga Kua, Minister of Petroleum and Energy of Papua New Guinea . ” The Papua LNG project will ensure that a skilled local workforce, is established and is expected to offer over 3,000 positions to nationals over the lifespan of the Project. Over the life of the Project we estimate that the PNG LNG Project will produce more than 11 trillion cubic feet of LNG. A new climate bomb. G969 for the Papua LNG Project that was successfully gazetted and published on the 6th of December by the Government Print Office. I am pleased with the outcome of this meeting with clear Similar to the Early Works Information Session held earlier in May in both Port Moresby and Lae, Papua New Guinean business houses received up-to-date information on the Papua LNG project, its procurement process, key packages and upcoming tenders in 2024 for the Project. May 23, 2023 · French energy company TotalEnergies and its partners in the 6 MTPA Papua LNG venture in Papua New Guinea (PNG) are looking to sanction the project by the end of the year and start delivering gas by either late 2027 or early 2028. Dec 9, 2024 · Santos, alongside project partners TotalEnergies and ExxonMobil, is gearing up for a critical decision on the $15 billion Papua LNG project by late 2025. PNG LNG. ExxonMobil is the parent company of ExxonMobil PNG Limited (EMPNG), the operator of the PNG LNG Project, which successfully and safely delivered PNG’s first LNG project. This was revealed during a meeting between Patrick Pouyanne, chairman and CEO of TotalEnergies, and James Marape, the Prime Minister of Papua New Guinea, according to a statement by Feb 13, 2025 · PARIS, Feb 13 - Italy's largest banking group, Intesa Sanpaolo , opens new tab, and the Asian Development Bank (ADB) said they will not finance a $10 billion LNG project in Papua New Guinea, as A final investment decision (FID) on the 5. 2 billion) Papua LNG project has commenced. Apr 8, 2024 · As a consequence, FID of Papua LNG project is now expected in 2025. PNG LNG, having the capacity to produce more than 8 million tons of LNG annually, commenced operations in 2014 and ships liquefied natural gas to customers in Asia. The multi-billion-dollar Liquefied Natural Gas (LNG) project is led by TotalEnergies, ExxonMobil, and Santos, with operations expected to commence in the coming […] May 16, 2023 · Given the integration between Papua LNG and PNG LNG, TotalEnergies has agreed to sell to JX Nippon a 2% interest (post the state’s back-in right) to the Papua LNG project. 58 per cent). DPE Secretary Mr David Manau while addressing the key stakeholders present at the submission, stated that his department willContinue reading "Papua LNG Project Submits Papua LNG Terminal, also known as Papua LNG, is a proposed LNG terminal in Central Province, Papua New Guinea, owned by a coalition of companies led by TotalEnergies. 6 per cent in the PNG LNG project and 22. 8 per cent) and ExxonMobil (37. 04 per cent), Santos (22. We have participated in PNG LNG project, the first LNG project in Papua New Guinea since its planning stage, and commenced LNG shipping in May 2014. JX Nippon is an Apr 18, 2024 · TotalEnergies, as operator, submitted their application for the licences required for the Papua LNG Project on 28th May 2023. Feb 7, 2025 · TotalEnergies has a 37. Kerenga Kua, at the Dream Apr 9, 2019 · The Papua New Guinea State has signed the gas agreement for the US$10 billion (K33. Apr 9, 2024 · Santos’ planned $15 billion LNG project in Papua New Guinea has struck a further delay and is now targeting a final investment decision next year after initial bids from contractors vying to May 5, 2021 · The Deputy Prime Minister stated: “it was very important for the Government of Papua New Guinea to meet Total Chairman and CEO and the French authorities to stress the importance to our nation of the Papua LNG project, and to pledge the full support of our government to this project. Oct 13, 2021 · The increased benefits is made possible by an increase both in the production levy of three per cent and the State equity (including the commercial purchase) at 32. Around 260km of the pipeline will be offshore. (The project is distinct from the ExxonMobil-led Papua New Guinea LNG Terminal, or PNG LNG). Natural gas to be fed into the Papua LNG facility will be drawn from the Elk Antelope gas field. We also participated in Papua LNG project, the second LNG project in Papua New Guinea from July 2023. ” The Papua LNG project of 5. The Papua New Guinea liquefied natural gas (LNG) project was constructed at a cost of US$19 billion. The Papua LNG project Mar 17, 2023 · The JGC Group has been responsible for the construction of LNG facilities accounting for more than 30% of world LNG production and is currently executing three projects: a large-scale LNG project in Canada, an FLNG project in Mozambique, and an FLNG project in Malaysia. 7 Mtpa capacity each and will unlock over 1 billion barrels of oil equivalent of natural gas resources. The Papua LNG project aims to meaningful engage with all its stakeholders based on the principles of participation, respect for Human Rights, non-discrimination, empowerment, transparency and accountability. . " He added that both projects, along with the PNG LNG operations, would secure Papua New Guinea’s position as a leading gas-producing nation. Learn about the Papua LNG project led by TotalEnergies, which aims to unlock Papua New Guinea's gas resources and serve Asian markets. “The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and thus contribute to its further development," said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies. Find out the latest updates on early works, FID, and production start-up. Feb 11, 2025 · Prime Minister Hon. Papua New Guinea first started producing liquefied natural gas (LNG) in April 2014 when the flagship $19bn PNG LNG project came on-line months ahead of schedule. The project involves extracting natural gas from the Papua New Guinea highlands, where it is processed before being sent via some 700 kilometres of pipeline to the PNG LNG plant in Port Moresby. It will be built near the existing processing facilities of the PNG LNG project, located 20km northwest of Port Moresby. ccpb suwre lxch tiq cluha dtw wevm xwwqv mcqz gulj nnxw twds aqrnz oaof yesga