The new Papua LNG project logo, unveiled yesterday. Credit: POMCCI Rio Fiocco, President of the Port Moresby Chamber of Commerce and Industry (POMCCI), tellsBusiness Advantage PNGthat POMCCI members are excited to see the Papua LNG project move to the FEED stage, especially given the commitmen...
The Papua LNG project has set an ambitious target of “Zero Net Deforestation”. It is designed to more than offset its deforestation impact by planting 1000 hectares over 5 years corresponding to more than 1 million trees, much more than the footprint of the project. To date, 200...
Papua New Guinea’s Petroleum Minister has announced that the government will honour a gas deal struck with French major Total SA for the US$10 billion Papua LNG project. The project will be the single largest foreign investment in the Pacific country since the advent of the US$1...
While early works stalled in the second half of 2024, a final investment decision (FID) on the US$10 billion Total Energies-led Papua LNG project is still expected to come by the end of this year,according to the local headof the French super-major. Meanwhile, ExxonMobil’s announ...
The Papua LNG project will bring gas from the Elk and Antelope fields in Gulf Province by pipeline to Caution Bay near Port Moresby for export. Credit: TotalEnergies According to presentations from TotalEnergies and ExxonMobil PNG last week, while the project’s major EPC contracts won’t be ...
Resources According toANZ Research, inflows associated with the Papua LNG project will restore balance to the foreign exchange market by mid-2024. IT notes that the project will, during its construction phase, represent to over a quarter (27.3 per cent) of PNG’s 2022 GDP, and in real terms...
French energy group Total said it had agreed with the Papua New Guinea government to proceed with a liquefied natural gas (LNG) project in the country, which had been delayed due to the pandemic, with a final investment decision due in 2023.Total added i
The Papua New Guinea Lng Project Le Projet Gnl De PapouasieA number of recent advances have helped confirm the technical and commercial feasibility of the Papua New Guinea LNG Project which is being developed by a Joint Venture comprising BP (Operator), Esso and OilSearch.Paul Watkins...
A liquefied natural gas (LNG) tanker has left Papua New Guinea laden with the first export cargo of the supercooled fuel since the country's giant LNG project resumed production after a major earthquake triggered a shutdown in February, Thomson Reuters Eikon shiptracking data showed on Monday. ...
ExxonMobil as operator of the PNG LNG Project, is helping to establish a new public private partnership with the aim of advancing commercial agriculture in the Hela Province. Learn more Health Community health ExxonMobil PNG invested in building national community health capacity through public-private...