Delivering PNG's first LNG project Driving economic growth in Papua New Guinea and producing significant, lasting benefits throughout the country. Delivering long-term benefits for communities We are working with local communities to build infrastructure, develop social programs, and enhance skills and ...
The Papua New Guinea LNG (PNG LNG) Project is under development by Esso Highlands Limited (EHL), a subsidiary of Exxon Mobil Corporation, in an area of high biodiversity significance and conservation value. This paper provides an overview of EHL's Biodiversity Strategy, describes how it has ...
Project overview The US$19 billion PNG LNG Project is an integrated development that includes gas production and processing facilities that extend from Hela, Southern Highlands, Western and Gulf provinces to Port Moresby in Central Province. ExxonMobil PNG Limited operates PNG LNG on behalf of five ...
KPHL is currently responsible for managing the State’s 16.57% equity in the ExxonMobil-led PNG LNG Project through its subsidiary Kumul Petroleum (PNG LNG) Limited. KPHL is the legislated State nominee for all projects in the petroleum sector and has the option to take up to a 20.5% stake...
LNG availability has the potential to influence prices for PNG, ‘but where PNG has an advantage is that its gas is wet’, meaning it contains compounds like butane and methane which can be separated and sold on their own. The project will see 7,900 square kilometres of Western Province’...
doi:10.2139/ssrn.3332826PNGlandownerliquefied natural gas projectPapua New Guinea's Liquefied Natural Gas (LNG) project has been beset by an intractable 'landowner problem' since 2009, throughout its construction and operatioSocial Science Electronic Publishing...
LNG project; PNG economy C68; Q43; Q32; Q33 ExxonMobil is undertaking an LNG project in Papua New Guinea (PNG) with setup expenditures in 2010–2012 of $A12 billion and annual export revenue averaging $A4 billion (2010 prices) over 2013–2042. These are huge numbers relative to PNG’s...
Two sentenced to 5 Years for Misusing K1.6 million in Project Funds for Milne Bay District -- http://giaman.com/pg/?09be35 Suspects transferred to Port Moresby from Kokopo -- http://giaman.com/pg/?ad8574 Kroton Equity Vendor Offer accepted by Governors of LNG Provinces -- http:/...
For example, a higher price would reflect the full opportunity cost of exporting local gas through liquefied natural gas (LNG) and would generate more profit for gas suppliers. If governments pursued this option, it would mean that only about half of the expected gas capacity would be built ...
Papua New Guinea Liquefied Natural Gas ProjectFigure 1.1 Figure 2.1 Figure 4.1 Figure 4.2 Figure 4.3