At the same time, studies are progressing on the project’s downstream liquefaction facilities at ExxonMobil’s PNG LNG plant at Caution Bay outside Port Moresby, with the intention that an ‘integrated’ FEED for the two ends of the new project will commence in the fourth quarter ...
Downstream early works for the Papua LNG Project in PNG’s Gulf Province continue ahead of a final investment decision. Credit: TotalEnergies While several factors have delayed the final investment decision on Papua LNG, Papua New Guinea’s second gas project, Jean-Marc Noiray, Managing...
The ExxonMobil-led Papua New Guinea LNG joint venture has launched a competitive bid process between Houston-based Bechtel and Japan's Chiyoda for the engineering, procurement and construction of the project's downstream liquefaction plant and associated facilities, the US major said October 16.rn...
‘Portside Business Park will not only generate economic activity but also promote downstream processing, manufacturing and the export of local goods and services, encourage domestic and international investment, create employment, and develop infrastructure.’ Read Bray’s interview withBusiness Advantage ...
As delegated downstream operator for the TotalEnergies-led Papua LNG project, ExxonMobil’s LNG Plant at Caution Bay would – pending a successful Final Investment Decision (FID) – see its production capacity increase to accommodate increased volumes associated with Papua LNG. ...
While the conference featured no new announcements about them, Marape outlined the promise of the five resources projects that he expects will form the next wave: Papua LNG, the reopening Porgera gold mine, P’nyang gas project, the Pasca A offshore gas field (and other ‘stranded’ gas fi...
front-end engineering and design (FEED) stage in June 2022, with a final investment decision likely by the end of 2023. This decision will trigger a four-year construction phase, during which the project will be connected to the downstream facilities of ExxonMobil’s existing PNG...
There may be a number of reasons, beyond raising revenue and even encouraging downstream processing, for utilising export taxes23. As suggested above, export taxation is part of a broader international trade debate currently underway that (as a generalization) sees developed countries reliant on the...