Papua lng project map.
Dec 3, 2024 · Papua LNG in brief.
Papua lng project map 04 per cent), Santos (22. The project will rake in K1. Feb 22, 2025 · The map below shows the approximate location of the field(s) within the Papua LNG complex: See full list on nsenergybusiness. The Project will have a projected LNG export volume of 5. 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. Sep 22, 2024 · He further mentioned that during his upcoming visit to the United Nations General Assembly (UNGA) in New York, he will meet with the leadership of ExxonMobil to discuss the PNG LNG Project, Papua LNG, and P’nyang LNG, with the aim of synchronising these major projects. 55 per cent interest, and including ExxonMobil (37. Small-scale LNG is currently not available. Mar 7, 2023 · ExxonMobil, Papua LNG joint venture partner and PNG LNG project operator, will construct and operate the e-trains. The Papua LNG project, led by energy giant TotalEnergies (40. Articles and resources References Apr 10, 2024 · TotalEnergies will delay its final investment decision on the Papua LNG project to 2025 after initial EPC contract bids were not to its liking. 83 per cent) and JX Nippon (2. DPE Secretary Mr David Manau while addressing the key stakeholders present at the submission, stated that his department willContinue reading "Papua LNG Project Submits Sep 21, 2022 · By 2032, it is anticipated that the Papua Liquefied Natural Gas project (Papua LNG) would produce an additional 2–3 million tonnes of liquefied natural gas annually. The views expressed in this paper are those of the authors and . 7 Mtpa capacity each and will unlock over 1 billion barrels of oil equivalent of natural gas resources. Speaking at the launch of the NASFUND FM100 Talkback Show on Monday, the Prime Minister addressed recent 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. 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. Kerenga Kua, at the Dream The Papua New Guinea liquefied natural gas (LNG) project was constructed at a cost of US$19 billion. Apr 9, 2019 · It will further strengthen our position in the Pacific basin and ensure our future LNG portfolio growth. 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 Dec 8, 2023 · A total of 224 clans have been identified under the Social Mapping and Landowner Identification studies of the US$10 billion (K35 billion) Papua LNG project. G969 for the Papua LNG Project that was successfully gazetted and published on the 6th of December by the Government Print Office. Papua LNG is a liquefied natural gas (LNG) project led by TotalEnergies, with a 37. 5 per cent in the Papua LNG project. [Total in Papua New Guinea: how to assess the societal impact?] [Port Moresby, capital of Papua New Guinea] [November 20, 2018, Total E&P PNG] Oil Search warned that revisions may push back the FID to 2021 and projects elsewhere in the world may take precedence over Papua-LNG [110] Three government-backed lenders – Japan Bank for International Cooperation (JBIC), the US Overseas Private Investment Corporationt(OPIC) and Export Australia Finance otherwise named Export Finance and 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. Total added in a statement on Wednesday that it would re-mobilize teams involved in the project. This was announced officially by the Minister of Petroleum and Energy, Hon. 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. “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. “Bearing in mind that Papua LNG has been slightly delayed, I want all May 21, 2021 · “However, the P’nyang gas development will have a huge impact on the monetization of other smaller stranded gas fields in the Western and Gulf provinces and can be aggregated as a stand-alone, used as a backfill for the PNG LNG project together with Juha and Muruk in the Northwest fold-belt as a utilised project, or deliver alongside Papua “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 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 Apr 14, 2025 · The FLNG is expected to leave the shipyard in Q2 2026 and head toward its final destination at Teluk Bintuni, West Papua. A Liquefaction (export) plant • Existing - Plant that is currently built and producing LNG for the market. com. papualng. The authors are grateful to the numerous people in Papua New パプアニューギニアにおいては、山間部における原油の生産を継続するとともに、同国初のlngプロジェクトであるpng lngプロジェクトに事業化検討段階から参画し、2014年5月にlng出荷を開始しました。lngの生産能力は830万トン／年となっています。 Dec 6, 2024 · Santos has announced the successful completion of the Angore project in Hela Province, Papua New Guinea, further bolstering the country’s liquefied natural gas (LNG) production capacity. Kikori will also be the base for the central processing facility for the country’s second LNG project, Papua LNG, and the planned offshore Twinza Oil’s Pasca Gas Condensate Project, the first of its type in the country. 1. 2 billion of non-recourse debt for the project. James Marape recently praised the economic opportunities the Papua LNG Project and the Wildebeest LNG Project are set to bring, as both natural gas projects underline the potential for business growth and development in the region. Over the life of the Project we estimate that the PNG LNG Project will produce more than 11 trillion cubic feet of LNG. The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide. The gas is conveyed by over 370 km of onshore and approximately 400 km of subsea pipeline to an LNG plant at Caution Bay near Port Moresby. Jul 28, 2022 · The FEED process is an essential step ahead of a final investment decision for the Papua LNG project, expected in late 2023. ” The P’nyang development in Western Province is proposed to commence following the Papua LNG project, which will be located in Gulf Province. The operator was expected to formally green light investment in the estimated $10 billion project this year. He expressed his gratitude and commendation to ExxonMobil, the project partners, co-venturers, along with the Western Who owns the Papua LNG project? The venture partners in the Papua LNG project are currently TotalEnergies (31. Our production operations include gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities. PNG LNG benefits at a glance. It was reported in September 2024 that the project's financial adviser, Citi, had been sounding out potential lenders to raise up to US$1. The project is targeting a final investment decision (FID) around the end of 2023, and a start-up at the end of 2027. The project is the second extension phase of the Tangguh Liquefied Natural Gas (LNG) Project. From the 224,138 of the clans are from the Gulf province and 86 from the Central province which are entitled to receive royalties and equity benefits under section 167 and 168 of the Oil PNG LNG. 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 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. 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 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. Kennedy School of Government, Harvard University. Dec 12, 2023 · It was a significant milestone for the Department of Petroleum and Energy after its completion of the National Ministerial Determination No. The Papua LNG project is committed to building long-term constructive relationships with its stakeholders and providing benefits for the country. 6 days ago · Prime Minister Hon. Santos has been a committed participant in Papua New Guinea since the 1980s, becoming a producer in 1998 through the SE Gobe oil project in the Gulf Province. 0 INTRODUCTION . 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. “It is my expectation that as the country celebrates its 46th Independence anniversary on Sept 16, we will observe much 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. Current total crude oil production is about 22,000 barrels of oil per day. Dec 6, 2015 · Papua New Guinea (PNG) is set to join the exclusive club of LNG exporting nations before mid-year when first cargoes ship from its US $19 billion LNG 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. *** TotalEnergies in Papua New Guinea TotalEnergies has been present in Papua New Guinea since 2011. A final investment decision is expected to trigger the PNG State’s direct involvement in the venture, with the following percentages expected: TotalEnergies (31. According to the managing director of Kumal Petroleum, this project would help export gas from 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. With nameplate capacity of 6. The PNG LNG Project will be developed in five phases over a period of 10 years to ensure reliability and consistent quality of supply of LNG for over the 30 year life of the project. 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. On November 30 th the PNG government announced a 30-day public consultation for a downstream EIS. May 8, 2023 · Papua LNG: the economic benefits ANZ Pacific Economic Outlook - PNG | 8 May 2023 5 With a net construction multiplier of 3. OIL AND GAS PROJECTS Oil Fields PNG LNG The PNG LNG Project, which commenced production in May 2014, has proved to be one of the best LNG start-ups anywhere in the world in recent times. Nov 29, 2024 · The $7bn Tangguh UCC Project is an integrated enhanced gas recovery and carbon capture utilisation and storage (EGR/CCUS) project being developed in Bintuni Bay, Papua Barat, Indonesia. Subject to sanction, the Papua LNG* project is proposed to see the development of the Elk-Antelope gas field located in PRL 15 licence in the Gulf Province, onshore PNG. Partnering with ExxonMobil (37. 6 per cent in the PNG LNG project and 22. To inform the public about the Papua LNG project and its initiatives with the locals. Over its 30-year life the Project is expected to Jul 14, 2021 · Prime Minister James Marape said that the Papua LNG project in the Gulf will enter pre-Feed (front end engineering and design) in September. 8 per cent) and ExxonMobil (37. “Papua LNG is perfectly located to serve the Asian markets,Continue reading "TotalEnergies country head Oct 18, 2019 · Papua New Guinea’s Petroleum Minister Kerenga Kua said the ExxonMobil-led P’nyang gas field development in the Western Highlands along with a third LNG train at the PNG LNG plant near Port Dec 3, 2024 · Papua LNG in brief. In parallel, studies for the downstream liquefaction facilities are progressing in line with the overall project schedule, and the objective is . 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). Gas resources in PNG have been estimated at over 1 billion barrels of oil equivalent. Here, we assumed that value of work done on the ground in PNG will be higher than for the first PNG LNG gas project. AccordingTotalEnergies, the FEED process will initially centre on the upstream production facilities for the project, which are based on the Elk and Antelope gas fields in PNG’s Gulf Province. ” “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 ExxonMobil主導の PNG LNG の 供給ガス田としての P’nyang ガス田開発および TotalEnergiesのPapua LNG（2 Train）の新設および供給ガス田のElk/Antelope ガス田開発に関わる契約は政府と2019年に合意していたが、政変による首相交代後数年に及ぶ 追 Landowners from the Papua Liquefied Natural Gas (LNG) project are calling on relevant stakeholders in the project to address issues pertaining to usage of land, water ways, environment and spin off benefits among others. Apr 9, 2019 · The Papua New Guinea State has signed the gas agreement for the US$10 billion (K33. 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. Marape also emphasized the significance of the commitment shown by Woods and 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. The estimated US$10 billion project will effectively involve two parts. [Map Papua New Guinea – Port Moresby – PRL 15] Jean-Marc Noiray: Our project's main challenge is societal. With a two-train capacity of 6. 6-million tonne/year (tpy) Papua LNG plant will liquefy gas from the onshore Elk and Antelope fields in Block PRL-15. 5 per cent compared to just 19. The Papua New Guinea (PNG) Liquefied Natural Gas (LNG) Project (the Project) aims to commercialise the gas resources in the Hides, Angore and Juha fields and associated gas Apr 16, 2025 · Total E and P managing director Jean-Marc Noiray stated the Papua LNG project will begin in 2027. After three years of delays, he said the business was mobilizing its project team. 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. 3 million tonnes of LNG per annum. The Papua LNG project website does not include detailed maps outlining the project’s location. Mar 21, 2023 · Learn about the Papua LNG project, a US$10 billion LNG production project in Papua New Guinea, that launched the first phase of FEED in March 2023. Apr 8, 2024 · As a consequence, FID of Papua LNG project is now expected in 2025. 1 per cent) Dec 12, 2023 · PNG’s presence in LNG kicked off with the start-up of the PNG LNG plant in 2014 and is being continued by the development of the Angore and P’nyang gas fields, and by Papua LNG. Jul 21, 2022 · Photo credit: TotalEnergies TotalEnergies, as operator, has announced the decision of the Papua LNG joint venture to launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project's upstream production facilities. G968 and No. Papua LNG Project. Kumul Petroleum’s managing director, Mr Wapu Sonk said, “This transaction is the culmination of many months of discussions that have taken place with national and international financiers Dec 11, 2024 · Discover the challenges faced by TotalEnergies and Santos in the Papua LNG project. 9 million tonnes annually, 9th October 2024 – TotalEnergies EP PNG Limited (TotalEnergies), operator of the Papua LNG project, in the presence of Project partners, inaugurated several community infrastructure projects in Mapaio village, Baimuru LLG, Kikori District, Gulf Province on October 9, 2024. 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. O EXECUTIVE SUMMARY The Papua New Guinea (PNG) Liquefied Natural Gas (LNG) Project (Project) is a large and complex operation. A final investment decision (FID) for Papua LNG is expected at end-2023 or early 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 Esso Highlands Limited (Esso), a Papua New Guinea subsidiary of the Exxon Mobil Corporation (ExxonMobil), is the operator of the PNG LNG Project. 7 billion) Papua LNG project with Total, ExxonMobil and Oil Search. 58 per cent). Jun 10, 2023 · Marking yet another milestone for the Papua LNG project, six (6) of the required petroleum license applications licenses were submitted to the Department of Petroleum and Energy (DPE) on May 30th, 2023. 6% equity interest in the PNG LNG Project for US$576 million, plus US$160 million share of project debt. PNG LNG Project. This facility processes the natural gas, separates the condensate and impurities from the gas, and sends the gas via 700km pipeline across the highlands, beneath the Gulf of Papua, to a LNG 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. 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. Explore the significant cost overrun, delays, and the latest updates on the project. 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. 8 per cent). Introduction The PNG LNG Project is unlocking value from stranded gas resources in the Highlands of Papua New Guinea. Our operations are producing approximately 7. Papua New Guinea. As of 7 th November, the draft EIS does not appear to be online or available via the Papua LNG website. 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. Feb 6, 2025 · Papua LNG Project. 1 per cent), ExxonMobil (37 per cent) and Santos (22. Jan 30, 2025 · Left: Health, Safety, Sustainability & Environment Director for TotalEnergies EP PNG Ltd Marie-Alix Dognin and PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. 6 million tonnes per year (Mt/y). 9 million tonnes of liquefied natural gas each year which we export to four major customers in the Asia region. 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. 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. “Papua LNG will move into pre-Feed in September after the financial stability agreement was signed in February,” he said. The Papua New Guinea (PNG) Liquefied Natural Gas (LNG) Project developed gas resources and gas produced from existing oil fields in the Southern Highlands. 8%), the project is inching closer to development. The focus has shifted from Oil to Liquefied Natural Gas (LNG quarter of 2022. A development application for the field has been submitted, with first production targeted for 2020. It is unclear what effect the delay may have on the anticipated 2028 startup. It has a production workforce of 3,200 of which 86% are Papua New Guineans. Project, partners & independant advisory panel. 4 billion per year on average for the first 10 years of production. PM Marape called on the residents of Gulf Province to prepare to supply goods and services to the forthcoming projects, emphasizing the Papua New Guinea LNG (PNG LNG) Papua New Guinea. 1 Project Overview . The ExxonMobil-operated facility was completed ahead of schedule and without any cost increases in almost two years, in contrast to the raft of mega-projects nearing completion in neighbouring Australia. May 1, 2014 · The Papua New Guinea liquefied natural gas (PNG LNG) project is a new gas project championed by ExxonMobil, to realise the potential of three large gas discoveries in the southern and western highlands of the country. The project, which will double PNG's gas production, represents the second-largest foreign direct investment ever in the country. recommendations that can be found on the Papua LNG website (www. " 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 more about the PNG LNG Project at www. DPE Secretary Mr David Manau while addressing the key stakeholders present at the submission, stated that his department will continue the review and evaluation of each submission and as the Aug 22, 2022 · The 5. Given that Total Energies announced FEED (front-end engineering and design) for the Papua LNG Project in July of this year, Minister for Petroleum and Energy Kerenga Kua believes that PNG will export LNG in the ensuing decades PAPUA NEW GUINEA Environmental & Social Management Plan LNG Project Page 5 of 78. 4 million tons per annum (Mtpa) capacity will consist of two LNG trains of 2. pnglng. (Slight correction to map legend: green line is oil export pipeline, red line -PNG LNG gas pipeline). com Papua LNG project will consist of 9 production wells, 1 water injection well, 1 CO 2 reinjection well and a gas processing plant, 320 km of pipeline (out of which 60 km are onshore) from the processing plant to the liquefaction plant, located in Caution Bay, close to Port Moresby. Gas produced by the fields is expected to be transported by a 320 km LNG Project Page iv of vi PGGP-EH-BPZZZ-000013 July 2009 Rev. “Our project of Papua LNG, after three years of delay, we are again, mobilising our project team, targeting front end engineering and design (Feed) entry through 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. Jan 16, 2025 · TotalEnergies is currently developing the Papua liquefied natural gas project based on the onshore Elk and Antelope gas discoveries. 2 billion) Papua LNG project has commenced. "The Feb 11, 2025 · Prime Minister Hon. In March 2023, Kumal Petroleum Holdings, the national oil company of Papua New Guinea, said it was in talks with the developers of Papua LNG and Papua New Guinea LNG Terminal regarding the development of its own 1-mtpa train at the Papua LNG complex. 3 in hand, we then calculated the domestic value-add component of the Papua LNG project. pg). ‘The location of the LNG site at Caution Bay will also maximise the opportunity to pursue potential synergies with the PNG LNG project,’ said Peter Botten, managing director of Oil Search, which has a stake in both projects. The Papua LNG project May 13, 2024 · Prime Minister Hon. This milestone development, unveiled on November 19, marks a significant step forward for the PNG LNG venture, delivering up to 350 million standard cubic feet (mmscf) of gas per day. PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. 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. Expectations are high on the matter. 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. 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. 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. With […] We're going to develop the Papua LNG project. 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. 1 per cent), Santos (22. The Angore project Following confirmation from ExxonMobil, the Operator of the PNG LNG Project, JX Nippon Oil and Gas Exploration Corporation (President: Shigeo Hirai), Marubeni Corporation (President: Fumiya Kokubu) and Japan Oil, Gas and Metals National Corporation (JOGMEC; President: Hirobumi Kawano) announced that the first shipment of liquefied natural gas (LNG) left Papua New Guinea on May 25 carrying a Jul 8, 2015 · It’s a ‘significant milestone’ for the project, according to InterOil chief executive Mike Hession in a statement. Around 1 billion cubic feet of natural gas is converted to LNG every day at the plant. ” The Papua LNG project of 5. The integrated project includes gas production, processing and liquefaction facilities, as well as offshore and onshore pipelines. At least 16 landowner companies are currently providing services to the project. in addition to construction of the PNG LNG Project, the company has interests in fuels marketing and oil production. The Marape-Rosso government places high priority on the delivery of Papua LNG Exxonmobil is on the verge of making Papua New Guinea’s largest LNG discovery. 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 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. The Papua LNG project will create up to 6000 jobs at the peak of its construction period. The petroleum projects of Papua New Guinea (from PNG Chamber of Mines and Petroleum). do not imply endorsement by the John F. G967, No. Termed wildebeest, it will be bigger than the PNGLNG and the Papua LNG combined, and the super major is working with the Minister for Petroleum and Energy Kerenga Kua and his team to advance exploration to determine the size of the resource. 1%) and Santos (22. The Project proposes to commercialize gas reserves in the Southern “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. 1% stake), aims to unlock Papua New Guinea’s vast gas resources, estimated at over 1 billion barrels of oil equivalent. ” Cambridge, MA: The CSR Initiative at the Harvard Kennedy School. Thu, Apr 17, 2025 ENERGY INTELLIGENCE NEWS PNG LNG Project. 1 per cent) that the fully-integrated front-end engineering and design (FEED) work on the US$10 billion (K35. The final investment decision for Papua LNG is targeted in 2025 May 5, 2021 · 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. See the project map, timeline, major players, and challenges in this article. 9 Mar 14, 2022 · Kumul Petroleum Holdings has announced that it has finalised agreement with Santos to purchase a 2. The project has the capacity to produce 8. 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 Q Are all LNG projects shown in the map? Q How do you define the LNG project status? A All known projects with or with plans to have international trade of LNG are shown on the map. Working in close collaboration with the Gulf Provincial Administration and the community, to ensure that 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. [1] Prime Minister James Marape was present at the signing at the Government House, Konedobu. mxcdkt cbu gob guavk nuew cvdrt nalf urowl zojzzspv jqmtq bjp xibz elcyc fxegpo ikewnly
Papua lng project map.
Dec 3, 2024 · Papua LNG in brief.
Papua lng project map 04 per cent), Santos (22. The project will rake in K1. Feb 22, 2025 · The map below shows the approximate location of the field(s) within the Papua LNG complex: See full list on nsenergybusiness. The Project will have a projected LNG export volume of 5. 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. Sep 22, 2024 · He further mentioned that during his upcoming visit to the United Nations General Assembly (UNGA) in New York, he will meet with the leadership of ExxonMobil to discuss the PNG LNG Project, Papua LNG, and P’nyang LNG, with the aim of synchronising these major projects. 55 per cent interest, and including ExxonMobil (37. Small-scale LNG is currently not available. Mar 7, 2023 · ExxonMobil, Papua LNG joint venture partner and PNG LNG project operator, will construct and operate the e-trains. The Papua LNG project, led by energy giant TotalEnergies (40. Articles and resources References Apr 10, 2024 · TotalEnergies will delay its final investment decision on the Papua LNG project to 2025 after initial EPC contract bids were not to its liking. 83 per cent) and JX Nippon (2. DPE Secretary Mr David Manau while addressing the key stakeholders present at the submission, stated that his department willContinue reading "Papua LNG Project Submits Sep 21, 2022 · By 2032, it is anticipated that the Papua Liquefied Natural Gas project (Papua LNG) would produce an additional 2–3 million tonnes of liquefied natural gas annually. The views expressed in this paper are those of the authors and . 7 Mtpa capacity each and will unlock over 1 billion barrels of oil equivalent of natural gas resources. Speaking at the launch of the NASFUND FM100 Talkback Show on Monday, the Prime Minister addressed recent 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. 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. Kerenga Kua, at the Dream The Papua New Guinea liquefied natural gas (LNG) project was constructed at a cost of US$19 billion. Apr 9, 2019 · It will further strengthen our position in the Pacific basin and ensure our future LNG portfolio growth. 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 Dec 8, 2023 · A total of 224 clans have been identified under the Social Mapping and Landowner Identification studies of the US$10 billion (K35 billion) Papua LNG project. G969 for the Papua LNG Project that was successfully gazetted and published on the 6th of December by the Government Print Office. Papua LNG is a liquefied natural gas (LNG) project led by TotalEnergies, with a 37. 5 per cent in the Papua LNG project. [Total in Papua New Guinea: how to assess the societal impact?] [Port Moresby, capital of Papua New Guinea] [November 20, 2018, Total E&P PNG] Oil Search warned that revisions may push back the FID to 2021 and projects elsewhere in the world may take precedence over Papua-LNG [110] Three government-backed lenders – Japan Bank for International Cooperation (JBIC), the US Overseas Private Investment Corporationt(OPIC) and Export Australia Finance otherwise named Export Finance and 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. Total added in a statement on Wednesday that it would re-mobilize teams involved in the project. This was announced officially by the Minister of Petroleum and Energy, Hon. 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. “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. “Bearing in mind that Papua LNG has been slightly delayed, I want all May 21, 2021 · “However, the P’nyang gas development will have a huge impact on the monetization of other smaller stranded gas fields in the Western and Gulf provinces and can be aggregated as a stand-alone, used as a backfill for the PNG LNG project together with Juha and Muruk in the Northwest fold-belt as a utilised project, or deliver alongside Papua “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 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 Apr 14, 2025 · The FLNG is expected to leave the shipyard in Q2 2026 and head toward its final destination at Teluk Bintuni, West Papua. A Liquefaction (export) plant • Existing - Plant that is currently built and producing LNG for the market. com. papualng. The authors are grateful to the numerous people in Papua New パプアニューギニアにおいては、山間部における原油の生産を継続するとともに、同国初のlngプロジェクトであるpng lngプロジェクトに事業化検討段階から参画し、2014年5月にlng出荷を開始しました。lngの生産能力は830万トン／年となっています。 Dec 6, 2024 · Santos has announced the successful completion of the Angore project in Hela Province, Papua New Guinea, further bolstering the country’s liquefied natural gas (LNG) production capacity. Kikori will also be the base for the central processing facility for the country’s second LNG project, Papua LNG, and the planned offshore Twinza Oil’s Pasca Gas Condensate Project, the first of its type in the country. 1. 2 billion of non-recourse debt for the project. James Marape recently praised the economic opportunities the Papua LNG Project and the Wildebeest LNG Project are set to bring, as both natural gas projects underline the potential for business growth and development in the region. Over the life of the Project we estimate that the PNG LNG Project will produce more than 11 trillion cubic feet of LNG. The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide. The gas is conveyed by over 370 km of onshore and approximately 400 km of subsea pipeline to an LNG plant at Caution Bay near Port Moresby. Jul 28, 2022 · The FEED process is an essential step ahead of a final investment decision for the Papua LNG project, expected in late 2023. ” The P’nyang development in Western Province is proposed to commence following the Papua LNG project, which will be located in Gulf Province. The operator was expected to formally green light investment in the estimated $10 billion project this year. He expressed his gratitude and commendation to ExxonMobil, the project partners, co-venturers, along with the Western Who owns the Papua LNG project? The venture partners in the Papua LNG project are currently TotalEnergies (31. Our production operations include gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities. PNG LNG benefits at a glance. It was reported in September 2024 that the project's financial adviser, Citi, had been sounding out potential lenders to raise up to US$1. The project is targeting a final investment decision (FID) around the end of 2023, and a start-up at the end of 2027. The project is the second extension phase of the Tangguh Liquefied Natural Gas (LNG) Project. From the 224,138 of the clans are from the Gulf province and 86 from the Central province which are entitled to receive royalties and equity benefits under section 167 and 168 of the Oil PNG LNG. 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 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. 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 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. Kennedy School of Government, Harvard University. Dec 12, 2023 · It was a significant milestone for the Department of Petroleum and Energy after its completion of the National Ministerial Determination No. The Papua LNG project is committed to building long-term constructive relationships with its stakeholders and providing benefits for the country. 6 days ago · Prime Minister Hon. Santos has been a committed participant in Papua New Guinea since the 1980s, becoming a producer in 1998 through the SE Gobe oil project in the Gulf Province. 0 INTRODUCTION . 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. “It is my expectation that as the country celebrates its 46th Independence anniversary on Sept 16, we will observe much 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. Current total crude oil production is about 22,000 barrels of oil per day. Dec 6, 2015 · Papua New Guinea (PNG) is set to join the exclusive club of LNG exporting nations before mid-year when first cargoes ship from its US $19 billion LNG 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. *** TotalEnergies in Papua New Guinea TotalEnergies has been present in Papua New Guinea since 2011. A final investment decision is expected to trigger the PNG State’s direct involvement in the venture, with the following percentages expected: TotalEnergies (31. According to the managing director of Kumal Petroleum, this project would help export gas from 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. With nameplate capacity of 6. The PNG LNG Project will be developed in five phases over a period of 10 years to ensure reliability and consistent quality of supply of LNG for over the 30 year life of the project. 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. On November 30 th the PNG government announced a 30-day public consultation for a downstream EIS. May 8, 2023 · Papua LNG: the economic benefits ANZ Pacific Economic Outlook - PNG | 8 May 2023 5 With a net construction multiplier of 3. OIL AND GAS PROJECTS Oil Fields PNG LNG The PNG LNG Project, which commenced production in May 2014, has proved to be one of the best LNG start-ups anywhere in the world in recent times. Nov 29, 2024 · The $7bn Tangguh UCC Project is an integrated enhanced gas recovery and carbon capture utilisation and storage (EGR/CCUS) project being developed in Bintuni Bay, Papua Barat, Indonesia. Subject to sanction, the Papua LNG* project is proposed to see the development of the Elk-Antelope gas field located in PRL 15 licence in the Gulf Province, onshore PNG. Partnering with ExxonMobil (37. 6 per cent in the PNG LNG project and 22. To inform the public about the Papua LNG project and its initiatives with the locals. Over its 30-year life the Project is expected to Jul 14, 2021 · Prime Minister James Marape said that the Papua LNG project in the Gulf will enter pre-Feed (front end engineering and design) in September. 8 per cent) and ExxonMobil (37. “Papua LNG is perfectly located to serve the Asian markets,Continue reading "TotalEnergies country head Oct 18, 2019 · Papua New Guinea’s Petroleum Minister Kerenga Kua said the ExxonMobil-led P’nyang gas field development in the Western Highlands along with a third LNG train at the PNG LNG plant near Port Dec 3, 2024 · Papua LNG in brief. In parallel, studies for the downstream liquefaction facilities are progressing in line with the overall project schedule, and the objective is . 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). Gas resources in PNG have been estimated at over 1 billion barrels of oil equivalent. Here, we assumed that value of work done on the ground in PNG will be higher than for the first PNG LNG gas project. AccordingTotalEnergies, the FEED process will initially centre on the upstream production facilities for the project, which are based on the Elk and Antelope gas fields in PNG’s Gulf Province. ” “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 ExxonMobil主導の PNG LNG の 供給ガス田としての P’nyang ガス田開発および TotalEnergiesのPapua LNG（2 Train）の新設および供給ガス田のElk/Antelope ガス田開発に関わる契約は政府と2019年に合意していたが、政変による首相交代後数年に及ぶ 追 Landowners from the Papua Liquefied Natural Gas (LNG) project are calling on relevant stakeholders in the project to address issues pertaining to usage of land, water ways, environment and spin off benefits among others. Apr 9, 2019 · The Papua New Guinea State has signed the gas agreement for the US$10 billion (K33. 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. Marape also emphasized the significance of the commitment shown by Woods and 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. The estimated US$10 billion project will effectively involve two parts. [Map Papua New Guinea – Port Moresby – PRL 15] Jean-Marc Noiray: Our project's main challenge is societal. With a two-train capacity of 6. 6-million tonne/year (tpy) Papua LNG plant will liquefy gas from the onshore Elk and Antelope fields in Block PRL-15. 5 per cent compared to just 19. The Papua New Guinea (PNG) Liquefied Natural Gas (LNG) Project (the Project) aims to commercialise the gas resources in the Hides, Angore and Juha fields and associated gas Apr 16, 2025 · Total E and P managing director Jean-Marc Noiray stated the Papua LNG project will begin in 2027. After three years of delays, he said the business was mobilizing its project team. 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. 3 million tonnes of LNG per annum. The Papua LNG project website does not include detailed maps outlining the project’s location. Mar 21, 2023 · Learn about the Papua LNG project, a US$10 billion LNG production project in Papua New Guinea, that launched the first phase of FEED in March 2023. Apr 8, 2024 · As a consequence, FID of Papua LNG project is now expected in 2025. 1 per cent) Dec 12, 2023 · PNG’s presence in LNG kicked off with the start-up of the PNG LNG plant in 2014 and is being continued by the development of the Angore and P’nyang gas fields, and by Papua LNG. Jul 21, 2022 · Photo credit: TotalEnergies TotalEnergies, as operator, has announced the decision of the Papua LNG joint venture to launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project's upstream production facilities. G968 and No. Papua LNG Project. Kumul Petroleum’s managing director, Mr Wapu Sonk said, “This transaction is the culmination of many months of discussions that have taken place with national and international financiers Dec 11, 2024 · Discover the challenges faced by TotalEnergies and Santos in the Papua LNG project. 9 million tonnes annually, 9th October 2024 – TotalEnergies EP PNG Limited (TotalEnergies), operator of the Papua LNG project, in the presence of Project partners, inaugurated several community infrastructure projects in Mapaio village, Baimuru LLG, Kikori District, Gulf Province on October 9, 2024. 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. O EXECUTIVE SUMMARY The Papua New Guinea (PNG) Liquefied Natural Gas (LNG) Project (Project) is a large and complex operation. A final investment decision (FID) for Papua LNG is expected at end-2023 or early 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 Esso Highlands Limited (Esso), a Papua New Guinea subsidiary of the Exxon Mobil Corporation (ExxonMobil), is the operator of the PNG LNG Project. 7 billion) Papua LNG project with Total, ExxonMobil and Oil Search. 58 per cent). Jun 10, 2023 · Marking yet another milestone for the Papua LNG project, six (6) of the required petroleum license applications licenses were submitted to the Department of Petroleum and Energy (DPE) on May 30th, 2023. 6% equity interest in the PNG LNG Project for US$576 million, plus US$160 million share of project debt. PNG LNG Project. This facility processes the natural gas, separates the condensate and impurities from the gas, and sends the gas via 700km pipeline across the highlands, beneath the Gulf of Papua, to a LNG 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. 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. Explore the significant cost overrun, delays, and the latest updates on the project. 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. 8 per cent). Introduction The PNG LNG Project is unlocking value from stranded gas resources in the Highlands of Papua New Guinea. Our operations are producing approximately 7. Papua New Guinea. As of 7 th November, the draft EIS does not appear to be online or available via the Papua LNG website. 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. Feb 6, 2025 · Papua LNG Project. 1 per cent), ExxonMobil (37 per cent) and Santos (22. Jan 30, 2025 · Left: Health, Safety, Sustainability & Environment Director for TotalEnergies EP PNG Ltd Marie-Alix Dognin and PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. 6 million tonnes per year (Mt/y). 9 million tonnes of liquefied natural gas each year which we export to four major customers in the Asia region. 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. 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. “Papua LNG will move into pre-Feed in September after the financial stability agreement was signed in February,” he said. The Papua New Guinea (PNG) Liquefied Natural Gas (LNG) Project developed gas resources and gas produced from existing oil fields in the Southern Highlands. 8%), the project is inching closer to development. The focus has shifted from Oil to Liquefied Natural Gas (LNG quarter of 2022. A development application for the field has been submitted, with first production targeted for 2020. It is unclear what effect the delay may have on the anticipated 2028 startup. It has a production workforce of 3,200 of which 86% are Papua New Guineans. Project, partners & independant advisory panel. 4 billion per year on average for the first 10 years of production. PM Marape called on the residents of Gulf Province to prepare to supply goods and services to the forthcoming projects, emphasizing the Papua New Guinea LNG (PNG LNG) Papua New Guinea. 1 Project Overview . The ExxonMobil-operated facility was completed ahead of schedule and without any cost increases in almost two years, in contrast to the raft of mega-projects nearing completion in neighbouring Australia. May 1, 2014 · The Papua New Guinea liquefied natural gas (PNG LNG) project is a new gas project championed by ExxonMobil, to realise the potential of three large gas discoveries in the southern and western highlands of the country. The project, which will double PNG's gas production, represents the second-largest foreign direct investment ever in the country. recommendations that can be found on the Papua LNG website (www. " 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 more about the PNG LNG Project at www. DPE Secretary Mr David Manau while addressing the key stakeholders present at the submission, stated that his department will continue the review and evaluation of each submission and as the Aug 22, 2022 · The 5. Given that Total Energies announced FEED (front-end engineering and design) for the Papua LNG Project in July of this year, Minister for Petroleum and Energy Kerenga Kua believes that PNG will export LNG in the ensuing decades PAPUA NEW GUINEA Environmental & Social Management Plan LNG Project Page 5 of 78. 4 million tons per annum (Mtpa) capacity will consist of two LNG trains of 2. pnglng. (Slight correction to map legend: green line is oil export pipeline, red line -PNG LNG gas pipeline). com Papua LNG project will consist of 9 production wells, 1 water injection well, 1 CO 2 reinjection well and a gas processing plant, 320 km of pipeline (out of which 60 km are onshore) from the processing plant to the liquefaction plant, located in Caution Bay, close to Port Moresby. Gas produced by the fields is expected to be transported by a 320 km LNG Project Page iv of vi PGGP-EH-BPZZZ-000013 July 2009 Rev. “Our project of Papua LNG, after three years of delay, we are again, mobilising our project team, targeting front end engineering and design (Feed) entry through 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. Jan 16, 2025 · TotalEnergies is currently developing the Papua liquefied natural gas project based on the onshore Elk and Antelope gas discoveries. 2 billion) Papua LNG project has commenced. "The Feb 11, 2025 · Prime Minister Hon. In March 2023, Kumal Petroleum Holdings, the national oil company of Papua New Guinea, said it was in talks with the developers of Papua LNG and Papua New Guinea LNG Terminal regarding the development of its own 1-mtpa train at the Papua LNG complex. 3 in hand, we then calculated the domestic value-add component of the Papua LNG project. pg). ‘The location of the LNG site at Caution Bay will also maximise the opportunity to pursue potential synergies with the PNG LNG project,’ said Peter Botten, managing director of Oil Search, which has a stake in both projects. The Papua LNG project May 13, 2024 · Prime Minister Hon. This milestone development, unveiled on November 19, marks a significant step forward for the PNG LNG venture, delivering up to 350 million standard cubic feet (mmscf) of gas per day. PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. 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. Expectations are high on the matter. 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. 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. 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. With […] We're going to develop the Papua LNG project. 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. 1 per cent), Santos (22. The Angore project Following confirmation from ExxonMobil, the Operator of the PNG LNG Project, JX Nippon Oil and Gas Exploration Corporation (President: Shigeo Hirai), Marubeni Corporation (President: Fumiya Kokubu) and Japan Oil, Gas and Metals National Corporation (JOGMEC; President: Hirobumi Kawano) announced that the first shipment of liquefied natural gas (LNG) left Papua New Guinea on May 25 carrying a Jul 8, 2015 · It’s a ‘significant milestone’ for the project, according to InterOil chief executive Mike Hession in a statement. Around 1 billion cubic feet of natural gas is converted to LNG every day at the plant. ” The Papua LNG project of 5. The integrated project includes gas production, processing and liquefaction facilities, as well as offshore and onshore pipelines. At least 16 landowner companies are currently providing services to the project. in addition to construction of the PNG LNG Project, the company has interests in fuels marketing and oil production. The Marape-Rosso government places high priority on the delivery of Papua LNG Exxonmobil is on the verge of making Papua New Guinea’s largest LNG discovery. 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 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. The Papua LNG project will create up to 6000 jobs at the peak of its construction period. The petroleum projects of Papua New Guinea (from PNG Chamber of Mines and Petroleum). do not imply endorsement by the John F. G967, No. Termed wildebeest, it will be bigger than the PNGLNG and the Papua LNG combined, and the super major is working with the Minister for Petroleum and Energy Kerenga Kua and his team to advance exploration to determine the size of the resource. 1%) and Santos (22. The Project proposes to commercialize gas reserves in the Southern “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. 1% stake), aims to unlock Papua New Guinea’s vast gas resources, estimated at over 1 billion barrels of oil equivalent. ” Cambridge, MA: The CSR Initiative at the Harvard Kennedy School. Thu, Apr 17, 2025 ENERGY INTELLIGENCE NEWS PNG LNG Project. 1 per cent) that the fully-integrated front-end engineering and design (FEED) work on the US$10 billion (K35. The final investment decision for Papua LNG is targeted in 2025 May 5, 2021 · 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. See the project map, timeline, major players, and challenges in this article. 9 Mar 14, 2022 · Kumul Petroleum Holdings has announced that it has finalised agreement with Santos to purchase a 2. The project has the capacity to produce 8. 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 Q Are all LNG projects shown in the map? Q How do you define the LNG project status? A All known projects with or with plans to have international trade of LNG are shown on the map. Working in close collaboration with the Gulf Provincial Administration and the community, to ensure that 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. [1] Prime Minister James Marape was present at the signing at the Government House, Konedobu. mxcdkt cbu gob guavk nuew cvdrt nalf urowl zojzzspv jqmtq bjp xibz elcyc fxegpo ikewnly