Gulf lng project png. 5 million tonnes per annum of LNG.

Gulf lng project png He expressed his gratitude and commendation to ExxonMobil, the project partners, co-venturers, along with the Western Oct 21, 2024 · Stay updated on Santos' $15 billion LNG project in Papua New Guinea with latest developments and challenges. 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. A third LNG train could be added in the future depending on the future discoveries. Kassman said that at the downstream, where the facility will be built within the PNG LNG project, the expected number of employees is 3, 000 plus. “It is my expectation that as the country celebrates its 46th Independence anniversary on Sept 16, we will observe much Oct 18, 2024 · “KPHL now has 19 per cent plus in the PNGLNG project, which strengthens our balance sheet and prepares us for future projects. Apr 21, 2021 · Background – Petroleum Industry in Papua New Guinea The exploration for petroleum in Papua New Guinea has a long history which dates back to early 1900s. The P’nyang development in Western Province is proposed to commence following the Papua LNG project, which will be in Gulf Province. Landowners missed out during the construction phase,” said the Minister. Opening the PNG Petroleum and Energy Summit in Port Moresby yesterday, he also outlined some of the key elements the agreement will contain. This section of the pipeline route was engineered specifically to avoid marine fauna, coral reefs and existing oil export facilities, and to provide an optimal route for Dec 26, 2024 · Prime Minister Marape said Gulf province carries the PNG LNG project through the pipelines, and while the Papua LNG project is still in progress, the Pasca A Project is set to transform the province in a few years’ time. The Minister, being a landowner himself, said this is a major achievement for the people of Gulf province. Dec 20, 2024 · “In Hevehe, more than 50% equity is owned by Gulf-related entities such as PRK, Pipeline, Gobe, and the Gulf Provincial Government, which holds 10%. to develop Papua New Guinea's second LNG gas project at the Elk and Antelope fields in Gulf Province. In 2015 Gulf LNG applied to Federal Energy Regulatory Commission (FERC) to become an export facility. May 13, 2024 · Prime Minister Hon. This Gas Agreement allows the partners to enter the Front-End Engineering Design (FEED) phase of study that will lead to the Final 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. 1 per cent) that the fully-integrated front-end engineering and design (FEED) work on the US$10 billion (K35. Kikori MP and Minister for Community Development, Youth and Religion Soroi Eoe made this known this week on Wednesday when announcing the delivery 39 banana boats and out board engines Dec 19, 2024 · He highlighted the unprecedented level of local participation in the project, noting that the MRDC will own 50% of the investment in the Pasca A project, partnering alongside Twinza Oil Ltd. Spiecapag knows the reality of pipeline construction in PNG, having successfully delivered both of PNG’s major pipeline projects. Historic Signing Ceremony The signing ceremony, led by Governor General Sir Bob Dadae and attended by Prime Minister Hon. Together with PNG LNG project, total LNG production is anticipated to be around 15 MTA in 2032 with potential upsides. The US Gulf Coast has the infrastructure, the natural gas resources, the construction labor force, the community support, and the political will to approve, construct and operate incremental greenfield LNG facilities. He said PNG would produce LNG through to 2060 and pointed to the Apr 9, 2019 · The Papua New Guinea State has signed the gas agreement for the US$10 billion (K33. This includes K7. 6-million-ton-per-year Papua LNG export terminal have raised concerns about feedstock shortages for PNG LNG, Exxon’s flagship joint venture. Jul 8, 2015 · I totally opose the namimg new LNG Project as “Papua LNProject”. 9 million tons of natural gas per year over a period of 30 years. 6 percent stake in the LNG project to Kumul. It is Discrimination and Racist at its best and one which promote Secessionist mentality. Jan 30, 2025 · TotalEnergies EP PNG Limited (TotalEnergies), the operator of the Papua LNG project, in alignment with The Kapuna Rural Hospital in Gulf Province has achieved a Prime Minister James Marape today called on the people of Gulf Province to prepare to supply goods and services to the forthcoming Papua LNG Project and the Wildebeest LNG Project. Partnering with ExxonMobil (37. Based on a two trains concept, InterOil proposed the Gulf LNG project with a capacity of 8 million tonnes per year (t/y). 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. The PNG LNG Project. supplied by the proposed Gulf LNG Project in PNG. It includes 9 wells, a gas processing plant, and a 320km pipeline. Dec 12, 2023 · The determination came to a successful completion after a lengthy landowner identification process identified by the Department of Petroleum and Energy, Total E& P PNG Limited, Gulf Provincial Government, and the Central Provincial Government within its communities by identifying clan-owning groups within the Papua LNG Project. 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. Oct 18, 2024 · Kumul Petroleum and Wison New Energies signed an agreement for pre-front end engineering and design on a potential FLNG project with the capacity to produce 1. There are over 700 km of pipelines connecting the facilities, which includes a gas conditioning plant in Nov 5, 2023 · THE seven (7) tribes of East Kikori in Gulf Province have welcomed the Gulf Provincial Government’s (GPG) benefit sharing formula for the Papua Liquefied Natural Gas (LNG). James Marape, senior ministers Mar 27, 2019 · THE host province of the Papua LNG project, the Gulf Province, through its leaders has put forward three non negotiable conditions for Gas Project Agreement adherence to be considered by the NEC before or at the same time as the Gas Agreement signing set for April 5 this year. These include the Kutubu pipeline in the 1990’s and PNG LNG’s onshore export pipeline in the Jul 24, 2024 · Papua LNG Landowners Chairman Dominic Evere (middle) with other landowners. Finances and shareholdings of ExxonMobil’s PNG LNG project. ” Downstream Currently, as the Papua LNG Delegated Downstream Operator, ExxonMobil is working to ensure all key stakeholders are engaged and regulatory permits for the May 24, 2023 · Total Energies EPPNG, the developer of the Papua LNG project in the Gulf Province, will be progressing to utilize the Elk and Antelope gas fields before ExxonMobil's proposed development of P’nyang in Western Province, as this phased approach to gas development would support ongoing economic growth in Papua New Guinea. The gas resources have been estimated at over 1 billion barrels of oil equivalent. Our operations are producing approximately 7. Oct 18, 2019 · Kua said the fiscal terms for Papua LNG were a slight improvement on the original PNG LNG project, including accommodation for state equity back-in plus agreed concessions for national content InterOil Corporation has announced it is teaming up with France's Total S. 57% interest in the PNG LNG project, which takes gas from a number of licences and includes a gas conditioning plant at Hides, export of condensates through co-mingling with oil from the Santos-operated Kutubu oil project, 700 kilometres of onshore and offshore pipelines and a two- train LNG plant at Caution Bay outside Port Moresby. 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. There are over 700km of pipelines connecting the facilities, which includes a gas conditioning plant in hides and liquefaction and storage facilities near THE Waigani National Court has finally put to rest the longest land court battle over the second PNG Liquefied Natural Gas (LNG) project in Gulf Province early this month. Aug 6, 2018 · Inception of PNG LNG. 4% share. The idea behind this first project was to bring gas from Papua New Guinea’s southern highlands to consumers in Australia via a 3000km pipeline. The project will have an LNG export volume of 5. 2 billion) Papua LNG project has commenced. Dec 23, 2023 · The setup of the Lanco was done meticulously, having witnessed what had happened to some that popped up during the PNG LNG project. The signing between the State and Twinza Oil Limited took place yesterday in Port Moresby. Dec 3, 2024 · 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. Gulf LNG Project Location Kerema, Gulf Province, PNG Client Papua New Guinea. The focus will be on local agriculture and fisheries for food supplies, forestry for timber, and tourism to accommodate the surge of workers and visitors expected. The people who name it are so naive about our history. Since then exploration activities went on without commercial discoveries until 1986 While several factors have delayed the final investment decision on Papua LNG, Papua New Guinea’s second gas project, Jean-Marc Noiray, Managing Director of project lead TotalEnergies E&P PNG, says he’s “confident” the project will reach that landmark this year, “with all the lines of activity progressing well: technical optimisation, regulatory permitting, gas marketing and project Exxonmobil is on the verge of making Papua New Guinea’s largest LNG discovery. The project should be called Gulf LNG Project or Kerema LNG Project. Mar 25, 2019 · The biggest prospect is the Total-led Papua LNG project, based on the Elk/Antelope gas fields, which is the set to become the country’s second major liquefied natural gas (LNG) project. There are over 700 kilometers of pipelines connecting the facilities, which includes a gas conditioning plant in Hides and liquefaction and storage Dec 27, 2023 · Located in Central Province, with plans to expand to Gulf Province, the projects have been designed to deliver enduring local environmental and social benefits, as well as capacity building, knowledge transfer and awareness to create significant regional and national impacts, in addition to compensating for the footprint of the project. There are over 700km of pipelines connecting the facilities, which includes a gas conditioning plant in hides and liquefaction and storage facilities near In addition and in order to secure the flawless execution of the project, PNG Government and InterOil decided to set partnership with a major company providing its technological expertise and project management experience for a world scale LNG project. The estimated cost for this project is $8 billion. Mar 1, 2014 · The Gulf LNG Project is predicted to transform the lives of the people in Gulf, a province that is still in dire need of basic services and infrastructure development. " Papua New Guinea: TotalEnergies Announces New Milestone towards Papua LNG Development Paris, July 20, 2022 – 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. "We are pleased that the rights to hold a 40. 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 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. An estimated US$50 billion pipeline of projects is lining up for development in Papua New Guinea, led by TotalEnergies’ Papua LNG, ExxonMobil’s P’nyang and the country’s first undersea gas project Pasca A in the liquefied natural gas (LNG) space, and the Wafi-Golpu and Frieda River gold-copper projects in mining. 3 billion paid to the Mineral Resources Development Corporation, K0. In 2010, Exxon-Mobils subsidiary Esso Highlands started the construction of the PNG LNG (Papua New Guinea Liquefied Natural Gas), a US $19 billion project aiming to produce and export 6. The partners include Total S. Oct 18, 2024 · Australia’s Santos currently has a 42. 6 million tonnes per year. 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. This project is a vast undertaking drawing gas from wells in the highlands, transporting it by pipeline through mountainous and heavily forested terrain to the coast and then, submerged in the Papuan Gulf, to a liquefaction plant at Caution Bay, near Port Moresby (Filer, 2019: see, especially The PNG LNG Project is an integrated development that includes gas production and processing facilities in the Southern Highlands, Hela, Western, Gulf and Central Provinces of Papua New Guinea. We are also advancing other world-class development opportunities across PNG with our venture partners, including the TotalEnergies-led Papua LNG Project in Gulf Province. Oct 23, 2024 · KPHL has a 16. The combined area of the facilities is approximately 700 ha. Dec 12, 2023 · Santos’ biggest growth project in Papua New Guinea is expected to suffer a delay of up to six months in reaching a go-ahead for construction as activist pressures weigh on lender appetite amid a Dec 22, 2024 · Papua New Guinea has taken a significant step in the energy sector with the signing of an agreement to develop the country’s first offshore gas project, Pasca A, in the Gulf Province. Apr 9, 2019 · Port Moresby, April 9, 2019 – Total and its partners ExxonMobil and Oil Search have signed the Gas Agreement with the Independent State of Papua New Guinea defining the fiscal framework for the Papua LNG Project. 8 million tonnes per annum. “The lessons learned from PNG LNG have underscored the necessity of securing better business opportunities for our people through strategic investments. The project, which will double PNG's gas production, represents the second-largest foreign direct investment ever in the country. 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. It was characterised by the surge in activity associated with the PNG LNG project, with some stimulus from public infrastructure and expansion of existing gold/copper mines. (NBC News) Landowners of the Papua LNG Project in Gulf Province have called for an independent investigation by the Independent Commission Against Corruption [ICAC] and the Ombudsman Commission [OC] into the alleged misappropriation of funds intended for them. “At this stage we are firming up numbers, the project could potentially bring in additional jobs in total of 6, 000. Sep 14, 2012 · A RECENT presentation by Energy World Corporation revealed that Talisman Energy and its partners in Papua New Guinea's Western Province might seek to develop at least a 2 million tonnes per annum modular LNG terminal on Parama Island southeast of the Fly River delta. The terminal includes a 5-mile sendout pipeline. This project is to produce gas in Elk-Antelope fields in Gulf Province. Twinza has submitted a development plan which envisages two phases of production: initial production of natural gas liquids (condensate and LPG) ahead of future gas export as LNG. 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. 5bn over the 30-year lifetime of the project. [1] Prime Minister James Marape was present at the signing at the Government House, Konedobu. 1% stake), aims to unlock Papua New Guinea’s vast gas resources, estimated at over 1 billion barrels of oil equivalent. PNG locals are demanding they reap the rewards from a nation-changing LNG project, prompting the Prime Minister to insist he is Apr 11, 2024 · PNG Prime Minister James Marape and TotalEnergies chair and chief executive officer Patrick Pouyanné have provided a joint update on the status of the Papua LNG project. The new hospital was inaugurated on January the 28th, 2022 . Mar 26, 2025 · The Government of Papua New Guinea, has initialed a landmark Gas Agreement with Twinza Oil Ltd, the operator of the Pasca offshore gas project. Upcoming Projects Papua LNG first production 2028 at 6 million tonnes per annum (MTA) P’NyangLNG planned for production in 2032. Prime Minister Hon. 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 Papua LNG is a gas production project in Papua New Guinea with over 1 billion barrels of oil equivalent. Prior to construction of the PNG LNG Project, ten representative landowner companies were selected to provide business operations support associated with PNG LNG. We have built over 600 km of operating pipelines in the Southern Highlands and Gulf provinces since the 1990’s. How will the new project fit into PNG's existing LNG landscape? 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 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. “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 Marape-Rosso government places high priority on the delivery of Papua LNG Oct 31, 2023 · PNG Europe Business Council president Michael Sullivan says the US$10 billion Papua LNG Project will create substantial short-term and some significant medium-term job opportunities for Papua New Guineans, as well as extensive training and education opportunities. Located in the Gulf Province, Papua LNG is a production project led by TotalEnergies in response to PNG’s desire to develop its gas resources. Nov 16, 2012 · Search When typing in this field, a list of search results will appear and be automatically updated as you type. 7 billion) Papua LNG project with Total, ExxonMobil and Oil Search. 5 percent stake in the LNG export plant in Caution Bay following the Oil Search merger, and it agreed earlier this year to amend the terms of sale of its 2. in Papua New Guinea since the 1920s, and in addition to construction of the PNG LNG Project, the company has interests in fuels marketing and oil production. As Papua New Guinea’s state nominee, Kumul Petroleum Holdings and the Mineral Resources Development Company have an option to take up to 22. Feb 1, 2023 · Photo credit: Santos. The remaining 50% includes our subsidiaries in mining and PNG LNG. Utilising, supporting and strengthening PNG educational institutions and industry training organizations to provide training and certification. Jun 1, 2014 · Additionally, two major LNG projects will add almost 15 million tons per year (MMtpy) of new LNG processing capacity to the island nation. ” Providing an update on some of KPHL’s work, Mr Sonk said: “We have completed a feasibility study for Floating LNG potential using gas from Pandora and Uramu on the offshore of the Gulf of Papua LNG. Project Overview Gulf LNG Liquefaction Company, LLC (GLLC), an affiliate of Gulf LNG Energy, LLC (GLE) and Gulf LNG Pipeline, LLC, (GLP) is developing the proposed Gulf LNG Liquefaction Project, which would add liquefaction and export capabilities to the existing Gulf LNG Terminal located in Jackson County, Mississippi. The PNG LNG Project Umbrella Benefits Sharing Agreement (UBSA) is an overarching agreement that outlines how a number of the State’s Project revenue streams will be shared with Project area landowners, local level governments and provincial governments. Addressing recent delays in the project, Marape said cost escalations had necessitated a review of engineering, procurement, and construction contracts to align Sep 3, 2019 · The agreement covered the development of of PNG’s second LNG project, based on the Elk and Antelope gas fields (contained within the PRL15 petroleum lease) in Papua New Guinea’s Gulf Province. The Project represents a $10B investment and produce 5. Mar 7, 2023 · Port Moresby | TotalEnergies, Santos and ExxonMobil have begun full engineering and design work on their $US10 billion ($14. The Mining Act in PNG allowed government participation to be involved to have a share of a maximum of 30 percent in natural resources projects; In the case of PNG LNG this was projected as a 19. Considering this, the Gulf Provincial Government has engaged the services of Frontier Equities Limited as Specialist Investment Advisor to develop a town plan and necessary Apr 10, 2024 · In a joint statement issued by James Marape, the Prime Minister of Papua New Guinea, and Patrick Pouyanné, chairman and CEO of TotalEnergies, Pouyanné said it “appears that the project will need to keep working with contractors to obtain commercially viable EPC contracts and requires more work to reach FID. This transformative agreement paves the way for the development of Papua New Guinea’s first offshore petroleum project, located off the coast of Gulf Province. Gulf LNG is owned by Gulf LNG Energy, LLC (GLE). The focus will be on local agriculture and fisheries for food supplies, forestry for timber, and tourism to accommodate the surge of workers and visitors Sep 4, 2013 · With the ExxonMobil-led PNG LNG project 'more than 90% complete' and due to start exports in the second half of 2014, what are the chances of additional LNG projects for PNG? Business Advantage PNG considers the candidates. A second major project is the proposed US$13 billion Papua LNG project, which is headed by French major Total. • Have little bearing on the eastern link between the Southern Highlands and Gulf provinces, 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). Apr 8, 2024 · 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. 4% equity, K1. Sub-commercial discovered Gas Fields Apr 19, 2021 · Central Governor Robert Agarobe of Papua New Guinea said the (Central) government will support the Gulf in all aspects of the US$12 billion (K41. Gulf LNG Energy, LLC . CP15-521-00 . Besides PNG LNG, France’s TotalEnergies and its partners are working to make a final investment The PNG LNG Project is a US$19 billion integrated projected that is commercializing gas from various fields in Hela and Southern Highlands provinces. Home / About / Project overview. The gas will be transported via pipeline (total 320km) to Caution Bay near Port Moresby, where e-trains will be built in the existing PNG LNG liquefaction plant site. ’ Jun 18, 2024 · “We are also advancing other world-class development opportunities across PNG with our venture partners, including the TotalEnergies-led Papua LNG Project in Gulf Province. Apr 18, 2024 · Thus, was born the Papua New Guinea LNG Project, more familiarly known as the PNG LNG Project. Eight clans along the LNG Pipeline corridor are Evara, Hepere, Arehava, Paevera, Avavu, Huruta, Ere and Kilari claimed that the forum had also compiled an unofficial Dec 8, 2023 · Tagged: Gulf Province, Papua LNG project, TotalEnergies PNG Limited and ExxonMobil Antelope Limited Prioritise cybersecurity amid rising attacks: Raju by Post-Courier Contributor March 28, 2025 March 28, 2025 “However, you can be rest assured that all investments have been strategically aimed at preparing our province to capitalise on the opportunities arising from the Papua LNG project. Gulf LNG Pipeline, LLC . The Papua LNG project was one of the main contributors by providing the logistical support, in transporting construction materials to the project site, which is now fully powered by solar. He said this at the unveiling of many impact projects in Ihu, Kikori, including the Ihu Special Economic Zone (Isez). 38 billion) Papua LNG initiative, especially in terms of community benefits. InterOil and Pacific LNG intend to complete negotiations and execute binding agreements with Noble later this year. Centered on the Kikori district of Gulf Province, the Ihu Special Economic Zone (ISEZ) will consist of a free trade zone, petroleum park, industrial zone, technology park, forestry park, marine park, a deep sea port and airport, a township with hotels and resorts, and a government and administration area, Peter KenGemar, the ISEZ Project Director tells Business Advantage PNG. The LNG Facilities site was selected over alternatives on The offshore segment travels approximately 24 kilometres past Goaribari Island to the open sea, then across the Gulf of Papua to the Caution Bay landfall at the LNG Plant. In September 2019, the PNG government approved the gas agreement of the project , paving the way for front end engineering and design (FEED) to commence. PNG LNG Project Coffey Natural Systems 1284_9_Ch24_v3. “Papua LNG will move into pre-Feed in September after the financial stability agreement was signed in February,” he said. Over Mr. James Marape today called on the residents of Gulf Province to prepare to supply goods and services to the forthcoming Papua LNG Project and the Wildebeest LNG Project. Australia. Main Office Rue Pl, Telikom Depot, 4 Mile, Port Moresby Tel: +675 325 6033. 6 million tonnes per year (Mt/y). Introduction The PNG LNG Project is unlocking value from stranded gas resources in the Highlands of Papua New Guinea. May 8, 2024 · Prime Minister James Marape today called on the residents of Gulf Province to prepare to supply goods and services to the forthcoming Papua LNG Project and the Wildebeest LNG Project. 5 million tonnes per annum of LNG. Project overview . com. PNG LNG has many factors in its favour as a distinct source for LNG for supply to East Asian markets. Learn about the economic impact and future plans. Papua New Guinea is a non-aligned Christian nation; it is not an Islamic nation. Nov 10, 2011 · Gulf LNG project includes the development of the onshore Elk and Antelope gas and condensate fields in the Gulf Province of Papua New Guinea. 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. Both phases of the Gulf LNG Liquefaction Project will take advantage of additional existing terminal infrastructure, including electrical and mechanical utilities, control buildings, and the 5-mile 36-inch diameter Pipeline (see Import Terminal). TO THE INTERESTED PARTY: The staff of the Federal Energy Regulatory Commission (FERC or Commission) has prepared a final environmental impact statement (EIS) for the Gulf LNG Liquefaction Project proposed by Gulf LNG Liquefaction Company Last week in Port Moresby, the business community received an extensive briefing from project partners TotalEnergies, ExxonMobil and Santos on the plans to construct the Papua LNG project, expected to be the single largest project constructed in PNG since the completion of the PNG LNG project in 2014. 86 billion) Papua LNG project, as the long-awaited and much-heralded 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. May 25, 2022 · GULF Liquefied Natural Gas (LNG) Pipeline landowners have cried foul over a purported unsanctioned development forum conducted by the Gulf Provincial Government early this month. The proposed LNG Facilities site for the Papua New Guinea Liquefied Natural Gas Project (PNG LNG Project) is located approximately 20 km northwest of Port Moresby at Caution Bay, on the south coast of PNG’s Central Province. Gulf LNG Liquefaction Project . “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. Team Papua New Guinea’s (PNG) campaign to the Paris 2024 Olympic Games has been boosted with a funding of K270,000 from ExxonMobil PNG Limited, the operator of the PNG LNG Project at the ExxonMobil Haus, in Port Moresby today (30 May 2024). Dec 10, 2024 · Timing is everything in LNG, and delays at the planned 5. In this scenario the Gulf LNG project should be phased up with a first LNG plant sized at 3. ‘Next step is the Front End Engineering Design (FEED), followed by the Final Investment Decision (FID). 5 billion to Kumul from the state's 19. 1 per cent), Santos (22. Our landowners are now risk-takers in this significant project, marking a milestone for us. PM Marape called on the residents of Gulf Province to prepare to supply goods and services to the forthcoming projects, emphasizing the The Papua LNG project, led by energy giant TotalEnergies (40. Nov 25, 2019 · Papua New Guinea became a significant player in the gas industry in April 2014, when the PNG LNG project, which is headed and operated by ExxonMobil, commenced production. Mar 5, 2014 · The jockeying for positions in what could be Papua New Guinea’s second liquefied natural gas project has taken a surprising turn, with Oil Search purchasing Pac LNG’s holding in the Elk and Antelope gas fields in Gulf Province. . PNG LNG. Oil Search joined forces with ExxonMobil in 2001, but the Papua LNG is a fossil gas project led by TotalEnergies, with co-venturers ExxonMobil and Santos, located in Gulf province in Papua New Guinea. Feb 9, 2021 · PAPUA New Guinea government has signed the Fiscal Stability Agreement with Papua LNG project partners this afternoon in Port Moresby to begin the K41 billion Papua LNG project in the Gulf province. 8%), the project is inching closer to development. The proceedings stems from a Special Agriculture and Business Lease (SABL) Portion 20 in Baimuru, Gulf Province, where the second LNG project and the Purari hydro project Nov 17, 2012 · PNG cabinet approves InterOil's Gulf LNG project InterOil The decision clears the way to proceed with our plans for an LNG plant in the Gulf Province with initial output of a minimum of 3. Jan 3, 2015 · Oil Search Limited has commended Total SA for its appointment as operator of the Gulf LNG Project Oil Search managing director Peter Botten, has expressed that he was happy with this move. Mar 12, 2023 · ‘Respect us’: PNG’s warning as gas giant comes drilling. E, Exxon Mobil Corporation and Oil Search Limited. Currently, as the Papua LNG Delegated Downstream Operator, ExxonMobil is working to ensure all key stakeholders are engaged and regulatory permits for the Papua LNG The projection of equity participation finances in LNG projects is a major issue in the politics surrounding LNG projects. ExxonMobil PNG is committed to driving economic growth and producing significant, lasting benefits for the people of PNG. The Project will have an LNG export volume of 5. Learn more about the PNG LNG Project at www. We anticipate a 3 MTA. 2 billion in tax payments. The Pasca A gas-condensate field is located offshore Papua New Guinea in the Gulf of Papua. 9 million tonnes of liquefied natural gas each year which we export to four major customers in the Asia region. Gulfstream LNG is the first new US onshore greenfield LNG export project to enter the FERC permitting process in five years. The Gulf LNG Liquefaction Project will enjoy many advantages as a brownfield development, including: Jul 21, 2024 · The Papua LNG project, initiated in 2014, marks a significant integrated development that encompasses gas production and processing facilities across the Southern Highlands, Hela, Western, Gulf, and Central provinces. "The The Papua LNG project is a natural gas venture located in the Gulf Province of Papua New Guinea. InterOil Chief Executive Officer Phil Mulacek commented, “We are pleased to have executed our first HOA for LNG off-take from our Gulf LNG Project in Papua New Guinea. Dec 10, 2024 · But Mr Marape said he saw “no better alternative available in the next 30 years” than LNG to support the energy transition. Each of the landowner companies represented a geographic area within our project footprint and covered the Southern Highlands (and later Hela), Western, Gulf and Central provinces. In its first year of production, the US$19 billion project produced over 6 million tonnes of LNG and delivered 87 cargoes. 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 project is dedicated to provide the local communities with many different opportunities. PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. doc 24-4 PGGP-EN-SRENV-000001-001 Rev0 Therefore, the PNG LNG Project will: • Improve the condition and safety of existing road links in the highlands part of the project area. According to Agarobe, the locals from the four impacted Dec 31, 2015 · PORT MORESBY: The government’s swift push for the development of the country’s second Total-led LNG project Elk Antelope in Gulf has not gone well with the Opposition. The project will extract fossil gas from nine production wells at two new onshore fossil gasfields, Elk and Antelope in the highlands of Gulf Province. The Angore project We would like to show you a description here but the site won’t allow us. 6 Mtp/y of natural gas. May 8, 2023 · Papua New Guinea’s last resource boom, from 2009 to 2014, was narrow, driven by gas. ExxonMobil PNG operates the project on behalf of 5 co-venture partners, which include the PNG Government (Kumul Petroleum) and Mineral Resources Development Company (MRDC). 5 billion for the state over eight years of production (2014-2022). The project initially required an estimated investment of $9. Dec 1, 2022 · In PNG, a 700 km pipeline is a major component of the infrastructure for the PNG LNG project. Kikori district in Gulf province will be host to five major impact resource development projects within the next five years including the Papua LNG project. While the resource sector is far from homogenous, the next boom cycle will be different. Gas produced from these fields is proposed to be liquefied by a floating LNG (FLNG) vessel and exported. The phased approach to gas development would support ongoing economic growth in Papua New Guinea by supporting job creation, economic opportunity as well as training and skills development programs. 1%) and Santos (22. The import terminal become operable in 2011. As PNG LNG project is an integrated development that includes gas production and processing facilities in the Southern Highlands, Hela, Western, Gulf and Central Provinces of Papua New Guinea. 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. The ExxonMobil PNG LNG project, which will be completed in June, and Total-InterOil’s Gulf LNG project, are integral in transforming Papua New Guinea into a major LNG-exporting country. Santos has announced plans to finalise a decision in 2025 regarding its proposed $15 billion liquefied natural gas (LNG) project in Papua New Guinea (PNG LNG). This landmark deal promises significant economic and social benefits. 8 Oct 18, 2019 · ExxonMobil PNG, via the PNG LNG Project, is one of the largest private investors in Papua New Guinea, with 3200 staff, 86 percent of whom are Papua New Guinean. It began with a group of Australian geologists who first came in 1913 to PNG to investigate prospects of hydrocarbon on behalf of the Australian Government. 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. ” “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 PNG LNG project is an integrated development that includes gas production and processing facilities in the Southern Highlands, Hela, Western, Gulf and Central Provinces of Papua New Guinea. 5 per cent interest in Papua LNG, which it is expected to formally exercise at the time of a final investment decision. May 5, 2021 · Paris, May 5, 2021 – A meeting took place on 3rd of May between Patrick Pouyanné, Chairman and CEO of Total, and a Delegation of Papua New Guinea (PNG) led by the Deputy Prime Minister Samuel Basil, with the objective to review together the next steps for the development of the Papua LNG project. The PNG Liquified Natural Gas (LNG) Project is an integrated development that includes gas production and processing facilities in the Southern Highlands, Hela, Western, Gulf, and Central Provinces of Papua New Guinea. “This is a watershed moment for PNG’s oil and gas sector, especially as we approach the 50th anniversary of our nation’s independence,” Marape said. ” Jan 29, 2014 · The Gulf Provincal government has set up a 50/50 partnership with the United States-based cargo transportation company, Teras America LLC, to build a port to service Papua New Guinea’s second LNG project and other industries. “We wanted to avoid that mistake. Feb 22, 2022 · IRVING, Texas – ExxonMobil subsidiary Esso PNG P’nyang Limited, Ampolex Limited, and the Independent State of Papua New Guinea have signed the P’nyang project gas agreement for the proposed development of the P’nyang LNG project. A. 7 billion in development levy payments, and K6. 1% interest in PRL 15 have now been successfully transferred from InterOil to Total SA. 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. 8 billion in royalty payments, K0. 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. PNG LNG traces its origins back to a proposal by the Australian company Oil Search Ltd, known as the PNG Gas Project. The PNG LNG project has generated K16. Docket No. Papua New Guinea is desirous of investment and keen for development Mar 7, 2023 · In a world first, the Papua LNG project – which will extract gas from the country’s remote Gulf Province and send it along a 340km pipeline to Port Moresby for export – will also reinject 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. Feb 14, 2024 · Papua New Guinea’s Prime Minister Peter O’Neill has announced a date for the signing of the gas agreement for the US$13 billion Papua LNG project. Oct 13, 2021 · The aim is for P’nyang to share infrastructure with the PNG LNG project, including its 700 km pipeline and the LNG Plant at Caution Bay near Port Moresby, although the government has been determined to treat P’nyang as a standard-alone project for the purposes of licensing and permitting. pnglng. Jan 6, 2025 · The Government of Papua New Guinea (PNG), Hevehe Petroleum, and Twinza Oil have signed the Pasca Gas Agreement, marking the country’s first offshore petroleum project. Our country is Papua New Guinea and not Papua and New Guinea. Meanwhile, PNG’s petroleum industry has been the nation’s largest export industry since April 2014, when the PNG LNG project (operated by ExxonMobil) commenced production. 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. 8 per cent) and ExxonMobil (37. This demonstrates the commitment of TotalEnergies to the well-being of the people of Papua New Guinea. zfavx vlthd gox jbdd wqe eebf vigfkf cydqu ukpxzk ibbdlr ynyuxv jaac xyzrcc wgjd mvcw \