Papua lng development forum Papua LNG first production 2028 at 6 million tonnes per annum (MTA) P’NyangLNG planned for production in 2032. 1 OVERVIEW OF THE PAPUA LNG PROJECT . The Project will have a projected LNG export volume of 5. Intra – Clan sharing arrangements with their relatives whom are outside the Dec 3, 2024 · The project will have an LNG export volume of 5. is set to remain a marginal supplier of LNG to the global market amid expectations that the market will grow by 50% in the coming decade, Tarek Souki According to Marape, the Papua LNG project has undergone significant re-engineering and re-scoping to ensure economic viability. com. LEGAL, ADMINISTRATIVE AND PLANNING Apr 3, 2023 · The second contract has been assigned to Saipem, in partnership with PT Tripatra Engineers and Constructors and Daewoo Engineering & Construction Co. PNG LNG. 8 per cent) and ExxonMobil (37. 5 per cent interest in Papua LNG, which it is expected to formally exercise at the time of a final investment decision. The real feed will begin at the end of this year and last until 2022. TotalEnergies, along with its partners, is committed to Papua LNG. 3 million tons per annum. Papua LNG has also secured access to up to two million tonnes of existing liquefaction capacity from PNG LNG. We anticipate a 3 MTA. DPE Secretary Mr David Manau while addressing the key stakeholders present at the submission, stated that his department willContinue reading "Papua LNG Project Submits Feb 11, 2025 · In addition to Papua LNG, several major resource projects are moving towards development, including: Wafi-Golpu gold and copper project – Final agreements expected in 2025. 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. 5 days ago · Prime Minister Hon. P’nyang gas project – Following Papua LNG to ensure long-term energy sector expansion. Both events are anticipated to occur early 2024. Mar 7, 2023 – 10. The Angore project The forum was an opportunity for providing supply chain management organisations from the public and private sector an opportunity to meet and network, providing Papua New Guinean businesses with valuable insights and access to the Papua LNG project. Consultation is also required under s. These experts are supporting the development of the project and formulate recommendations that can be found on the Papua LNG website (www. , by PAPUA LNG Development Pte. The LNG production capacity is 8. “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. The Project will have an LNG export volume of 5. It is unclear what effect the delay may have on the anticipated 2028 startup. 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. LTD. 6 per cent in the PNG LNG project and 22. Papua New Guinea (PNG) has one of the lowest electrification rates in the Pacific with only 13% of the population having access to reliable electricity, and the country has one of the lowest per capita electricity consumption rates in the world. Furthermore, he demonstrates an unwavering passion for investment and business growth. Jun 4, 2024 · The Papua LNG development is the first maritime-supported resource development of its scale in PNG since the construction of the Ok Tedi mine in the 1980s. Our views have already been given a year or two years ago. After eight years as Papua New Guinea’s prime minister, Peter O’Neill was replaced by his former finance minister, James Marape, in May 2019. We have participated in PNG LNG project, the first LNG project in Papua New Guinea since its planning stage, and commenced LNG shipping in May 2014. He confirmed that the revised plans are now in advanced stages, with the project set to transition from the concept phase to final investment decisions and development by the end of the year. 5 per cent compared to just 19. Feb 10, 2025 · TotalEnergies and Exxon Mobil say they are still working toward a final investment decision (FID) on the delayed Papua LNG project amid efforts to reduce costs. Dec 10, 2024 · Synchronizing P’nyang’s development with Papua LNG’s start-up—currently pegged for 2029—is seen as critical. The government is expected to increase its ownership of Papua LNG when it exercises its full back-in right (the amount of equity allowed to the State by law) of up to 22. Papua LNG Project is a planned Liquefied Natural Gas (LNG) production project in Papua New Guinea. 7 mtpa LNG train at the PNG LNG complex, alongside contributions from Papua LNG. ” He said an highlight for the board in 2024 was its visit to Papua New Guinea in June. We have also observed that the project planning involves the creation of road access to the development well sites Feb 12, 2025 · In addition to the Papua LNG project, several major resource projects are moving towards development, including the: Wafi-Golpu gold and copper project, with final agreement expected in 2025; Pasca A offshore gas project, set to contribute to PNG’s LNG portfolio 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. The second contract has been assigned to Saipem, in partnership with Tripatra Engineers and Constructors and Daewoo Engineering & Construction, by Papua LNG Development. The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide. The Joint Venture (JV) is comprised of Total E&P PNG Limited (40. 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. 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 May 8, 2023 · value-add component of the Papua LNG project. Il contribuerait à émettre plus de 220 millions de tonnes de CO2 (scope 3), soit autant que les émissions annuelles de l’ensemble du Bangladesh et de ses 169 millions d’habitants. We have Methods in the madness: the ‘landowner problem’ in the PNG LNG project . FID was initially expected in late 2023 or early 2024 but additional work on EPC contracting will be required before reaching FID. Nov 5, 2023 · Morgan was speaking during a meeting conducted at Karati village last week where the GPG’s Oil and Gas Task Force started its ongoing Papua LNG predevelopment forum awareness. June 11, 2024 – Port Moresby, Papua New Guinea With well over 27+ years in the extractive resource sector, working with TotalEnergies EP PNG Limited, has been like a second homecoming, for Development Forum Coordinator Thomas Kevaro. Jul 24, 2024 · The Papua LNG project is based on the development of the onshore Elk and Antelope gas fields, plus 320 kilometres of onshore and offshore pipelines, and four new electric liquefactions trains at Jul 25, 2024 · The Significance of the LNG Plant in Papua New Guinea. The Marape-Rosso government places high priority on the delivery of Papua LNG Aug 10, 2022 · The three chairmen said Koriki tribe has 14 clans but the three main clans — Mai Ariava Nairu clan, Mari Mari Kari clan and Ukunukua Eavake clan — own the wellheads of the upcoming Papua LNG project were not present during the purported forum. 2 billion) Papua LNG project has commenced. “I worked with InterOil during the exploration days as one of four Community Affairs managers and now I’mContinue reading "A second homecoming for Senior “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. The project’s operator, ExxonMobil, spent more than four years and US $19 billion building the A development forum for the Pasca LNG project in Papua New Guinea (PNG), specifically engaging with landowners in Kerema, would serve as a critical platform to address the unique challenges and Find company research, competitor information, contact details & financial data for PAPUA LNG DEVELOPMENT PTE. 03%) and Oil Search Limited (22. PNG LNG will 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 Feb 24, 2025 · PNG Ports Corporation (PNG Ports), the dominant port operator and marine pilotage leader in Papua New Guinea, has raised the standard of PNG’s pilotage services following a programme of LNG tanker training undertaken in Port Moresby and Brisbane. It will provide a long-term supply of liquefied natural gas (LNG) to four major customers in the Asia region. 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 The project will have an LNG export volume of 5. In addition, TotalEnergies intends to drill the first deepwater exploration "PNG LNG Project Umbrella BSA,,(,'LNG UBSA):" means this Umbrella Benefit Sharing Agreement executed between the parties that forms the basis on which Licence-Based Benefit Sharing Forums will be held and which is referred to in Clause 15 of the LNG Gas Agreement "LNG Gas Agreement" means the agreement signed on 22nd May, Apr 4, 2023 · The first one, assigned by Shell Trinidad & Tobago, is related to the development of the Manatee natural gas field. Papua New Guinea. Anyone can find this group. “With the province we are ready to go to the development forum. 8 per cent). He said, “Their shared focus on these projects gives us confidence in achieving our vision of sustainable resource development that benefits all Papua New Guineans. Pasca A offshore gas project – Set to contribute to PNG’s LNG portfolio. 6 million tonnes per year. Aug 10, 2023 · This means that the Development Forum for Pynanag will take place in 2027 and the construction and the development would start in 2028. But if Papua LNG falters, Exxon may push P’nyang through even faster to Apr 1, 2025 · Papua LNG is a significant investment based on the development of the onshore Elk and Antelope gas fields, which will host a large gas processing plant. 48 Development Forum B. ” Downstream 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. 1 per cent), Santos (22. Jimmy Maladina today expressed his strong desire to see the Papua LNG Project in Gulf start this year, following the Final Investment Decision (FID) by developer Total Energies Minister Maladina conveyed this determination after embarking on his inaugural visit to the project’s footprint areas in Gulf […]. The State is committed to the development of these resources in a way, which maximizes the benefits of petroleum production to Mar 7, 2025 · “At present, we are about to sign the updated MOU with the aim of promoting cooperation in the resources sector including new LNG project called Papua LNG project. 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 Highlands and Western provinces of Papua New Guinea, by processing the gas and transporting it via pipeline from these provinces through Gulf Province and the Gulf of Papua to LNG producing and exporting facilities in Central Province, near Port Moresby. In parallel, studies for the downstream liquefaction facilities are progressing in line with the overall project schedule, and the objective is 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. Papua LNG will take place in Gulf Province and nine new production wells, a gas processing facility and a 320km pipeline traveling over land and in the sea. Our estimate is that it will be around 68% of total as opposed to 54% for the PNG LNG project. Sep 29, 2023 · High Arctic observes that the Papua-LNG partners have pushed back guidance for the target final investment decision on the project website https://papualng. A new climate bomb. The development of the third project, the "P'nyang Gas Field", is in an advanced planning stage. 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. Together with PNG LNG project, total LNG production is anticipated to be around 15 MTA in 2032 with potential upsides. The Papua LNG project alone would increase the country’s annual emissions from the industrial and energy sectors by 7%, resulting in over 220 million tons of CO2 emissions (scope 3), or as much as the annual emissions of the whole of Bangladesh and its 169 million inhabitants. Gas resources in PNG have been estimated at over 1 billion barrels of oil equivalent. 86 billion) Papua LNG project, Apr 18, 2024 · In Part I, we read about the signs of oil and gas throughout Papua New Guinea that enticed many oilmen to look for large oil and gas fields over many decades, and we read about the first commercial oil discovery at the Iagifu 2-X well and how the Kutubu field was successfully developed. 04/08/2024: Joint Statement of the Independent State of Papua New Guinea and TotalEnergies; 03/07/2023: Papua New Guinea: TotalEnergies launches integrated engineering studies for the Papua LNG project; 07/20/2022: Papua New Guinea: TotalEnergies Announces New Milestone towards Papua LNG Development 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. papualng. The Papua LNG plant seeks to integrate sustainability as one of its main pillars. Mr Kua said this sequencing is basically to run parallel simultaneously, and that is due to the fact that the country is small with a small public service, and they cannot be engaged in two similar projects at Jan 23, 2025 · Marape also emphasized the significance of the commitment shown by Woods and Pouyanné in advancing both the Papua LNG and P’nyang LNG projects. Here, we assumed that value of work done on the ground in PNG will be higher than for the first PNG LNG gas project. These companies cooperate under the Papua-LNG project. 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. 14am. Jul 25, 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. However, it’s important to remember that this is an estimate, and the actual timeline might shift depending on various factors. Meanwhile, the Mozambique venture , Rovuma LNG, could be sanctioned in 2026. Introduction . He said about K75 billion will be generated over a 15 year period when the project is in progress. Dec 9, 2023 · “This allows the Papua LNG Project to proceed towards development. Representative Issues in clans 2. 7 billion) Papua LNG project with Total, ExxonMobil and Oil Search. The Papua LNG Project is a proposed project for the extraction and processing of Liquefied Natural Gas (LNG) in Gulf Province, Papua New Guinea (PNG). These processes are essential for the convening of the development forum (see Chapter 23, Project-wide Socio-economic and Cultural Impacts and Mitigation Measures). The midstream is the 320 kilometres of onshore and offshore pipelines, while the LNG scope is the PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. Local media in PNG reported yesterday Development in PNG foreign contractor withholding tax, etc. ” JBIC is a Japanese Financial Institution and export credit agency that was created on October 1, 1999 through the merger of the Japanese Export-Import Bank and the Overseas 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. According to the managing director of Kumal Petroleum, this project would help export gas from Sep 2, 2019 · As required by legislation a development forum will still need to take place but the site is beyond the fishing grounds of the Gulf people so after the legal checks and social mapping the State Solicitor’s Office has deemed that there are no landowners. “Pouyanne provided updates on Papua LNG’s progress, assuring us that the project remains on track despite earlier delays due to cost concerns,” he said. "The Apr 14, 2023 · Laba Holdings Limited, the umbrella representative landowner company for the four impacted village of the LNG plant site in the Central Province, held its first forum for 2023 to outline the company’s vision. ($14. “Santos has never been in a stronger position to deliver value for shareholders. Dec 12, 2024 · ExxonMobil and its partners have paused the Papua LNG development in New Guinea to reduce the costs. 5 percent interest in the project at the final investment decision planned by the end of 2023 or early 2024. Important to note that Laba was partner in the management and operations of the 7000-man camp for the PNG LNG Foundation Project. The project, which will double PNG's gas production, represents the second-largest foreign direct investment ever in the country. Mar 18, 2024 · Prime Minister James Marape has extended his gratitude towards ExxonMobil, the project co-venturers, and the Western Provincial Government for their collaborative efforts with the National Government, facilitating significant progress in the P’nyang LNG Project. 84%), with TEP PNG being the 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. 48 of the act for the development of social mapping, landowner identification and the social impact assessment process. The fourth LNG project in development is the "Western Gas" field. May 29, 2023 · Papua LNG is jointly owned by the developer TotalEnergies (40. Kua said the Government was guaranteed that the Japan Bank for International Cooperation (JBIC) have agreed to provide a US$1. Mar 24, 2025 · Lidy Nacpil, Coordinator, Senior Program Manager for Transformation of Energy Systems, Asian People’s Movement on Debt and Development, says: “Papua LNG project represents everything wrong with the priorities of TotalEnergies, Exxon Mobil, Santos and ENEOS: pursuit of profitability over saving our climate, over preserving biodiversity, over Aug 12, 2021 · The US$12 billion (K41. 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. Announced at the Forum was the Project’s first Engineering, Procurement, Construction (EPC) contract awardee for the Upstream Early Works & Infrastructure Package, Vinci Construction Terrassement SpieCapag 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. Theoretical, practical, and simulator training finessed the skillsets of six of PNG Ports’ most experienced pilots, two of whom already pilot LNG Jan 29, 2025 · The meeting centred on project timelines, workforce development, and the significant economic benefits these initiatives are expected to deliver for the country. Get the latest business insights from Dun & Bradstreet. Jun 18, 2024 · This development includes construction of new production facilities and a 20km pipeline to connect the Agogo Production Facility to the PNG LNG export pipeline. Mar 21, 2023 · Photo Credit: Papua LNG - Map showing 260 km of offshore pipeline and 60 km of onshore pipeline extending from Elk and Antelope fields to Caution Bay On March 07, 2023, in separate announcements, Santos, TotalEnergies, and Exxon announced the Papua LNG project had launched the first phase of a fully integrated front-end engineering and design (FEED) for the Papua LNG project in Papua New 7 S. The benefits of LNG development for the country is a controversial issue. ” Also read Mar 7, 2023 · TotalEnergies speeds development of second PNG LNG project. He added that the initial stages of the project has commenced with K500 million 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. History 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. Any delays to Papua LNG will directly impact P’nyang's timeline, as FID is reportedly slated to be delayed until beyond the start-up of Papua LNG. 8billion (K7. 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. 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. 6mn t/yr Papua LNG project in Papua New Guinea is likely to be taken in late 2025, Australian independent Santos' chief executive Kevin Gallagher told an investor call marking the firm's half-year results to 30 June. It is illustrated by contrasting approaches to identifying landowners for the pipeline servicing the PNG Liquefied Natural Gas [LNG] project. The significance of the LNG plant on the world’s second-largest island nation is expected to be elemental in the country’s energy sector. 1 per cent) that the fully-integrated front-end engineering and design (FEED) work on the US$10 billion (K35. 5 per cent in the Papua LNG project. 1. Other equivalent developments of this scale required a land transport fleet of more than 600 lorries to deliver more than 26,000 loads of cargo. Pre-feed (front end engineering design) work has already begun, Kua informed Parliament. of sustainability. “The delay in the Development Forum has resulted in an absence of a National Government policy on the distribution of project benefits has compelled us to make decisions in the best interest of our province. Apr 8, 2024 · A meeting between the Chief Executive Officer (CEO) of French energy giant TotalEnergies and the Prime Minister of Papua New Guinea has enabled the duo to discuss the development of a liquefied natural gas (LNG) project for which a final investment decision (FID) has now been moved to 2025. 3mt/yr PNG LNG facility. pg). Papua LNG Project 1. The fifth Pasca gasfield is offshore. of Singapore. Mr Maladina said this after his inaugural visit to the project’s footprint areas in Gulf on Monday, January 29, 2024. Integrating the Papua LNG midstream development within PNG LNG maximises the value of both projects and delivers increased capital efficiency by reducing upfront capital expenditure and maximising integration synergies. The SMP is an important economic development and legacy initiative within the relationship between Papua LNG and the IBBM EDC. Feb 7, 2025 · Marape confirmed “substantial” progress on the re-engineering and re-scoping of Papua LNG, which is now moving toward the next phase of development. Oct 20, 2023 · TotalEnergies and partners expect to take FID on the 6mt/yr Papua LNG project in early 2024 and start production before the end of the decade. As well as servicing the needs of Papua LNG, the SMP has been developed to be used by other industries and projects within PNG, and for general PNG business-to-business usage. 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). *** Only members can see who's in the group and what they post. Speaking at the launch of the NASFUND FM100 Talkback Show on Monday, the Prime Minister addressed recent 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 Papua LNG Project 2025 & Beyond Development and Production. PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. Jan 22, 2025 · PRIME MINISTER James Marape provided an update following his productive meeting with ExxonMobil CEO Darren Woods during the World Economic Forum in Davos, highlighting key discussions on the PNG LNG, Papua LNG, and P’nyang LNG projects. Oct 31, 2024 · The upstream component of Papua LNG is the development of the onshore Elk and Antelope gas fields. As Papua New Guinea’s state nominee, Kumul Petroleum Holdings and the Mineral Resources Development Company have an option to take up to 22. During the discussions, TotalEnergies provided an overview of their operations and outlined their strategic roadmap for advancing LNG production in PNG. Mar 25, 2025 · The P'nyang field, which holds estimated reserves of 125 bcm of gas will underpin the development of one additional 2. Meanwhile, the U. 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. ” The P’nyang development in Western Province is proposed to commence following the Papua LNG project, which will be located in Gulf Province. 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. The scheme will be Papua New Guinea’s second LNG development and is closely tied into the existing, ExxonMobil-led 8. Nov 16, 2023 · Moreover, the company is expanding the Papua LNG development in Papua New Guinea, with a final investment decision expected next year and the start of operations in 2028. Jan 31, 2024 · Petroleum Minister Jimmy Maladina has expressed his strong desire to see the Papua LNG Project in Gulf start this year after the Final Investment Decision (FID) by developer TotalEnergies. “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. The Papua LNG project is committed to building long-term constructive relationships with its stakeholders and providing benefits for the country. “Mr. Ltd. [1] Prime Minister James Marape was present at the signing at the Government House, Konedobu. We now pick up the story where subsequent exploration wells found mainly gas fields rather than oil fields 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. “This is the first milestone in a series of regulatory steps that will culminate in a Development Forum where a development agreement will be signed by all beneficiaries and the State. The Government of Papua New Guinea (PNG) gave its final approval for development of the PNG Liquefied Natural Gas (LNG) Project on 8 December 2009. 9 million tonnes of liquefied natural gas each year which we export to four major customers in the Asia region. Assuming a 2025 FID, production start-up could potentially occur in 2026. Mr. This problem has been to the fore in Papua New Guinea [PNG]. In 2023, there will be a Fid (final investment decision) and a building phase. Aug 10, 2022 · Papua LNGは、既設のPNG LNGの敷地内に建設する予定であり、ユーティリティなどインフラ設備はコスト軽減の目的でPNG LNGと共同使用され、ExxonMobilがすべてのLNGトレインの操業を担当、TotalEnergiesは出荷等の運転に責任を負うことになっていた。 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. 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. pg/ to “early 2024”. Jan 22, 2025 · Prime Minister James Marape provided an update following his productive meeting with ExxonMobil CEO Darren Woods (pictured) during the World Economic Forum in Davos, highlighting key discussions on the PNG LNG, Papua LNG, and P’nyang LNG projects. 6 million tonnes per year (Mt/y). He added that the initial stages of the project has commenced with K500 million May 8, 2023 · value-add component of the Papua LNG project. The focus has shifted from Oil to Liquefied Natural Gas (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. Mar 17, 2023 · The Project calls for the design of approximately 4 million tons per year of LNG liquefaction capacity adjacent to the existing PNG LNG processing facilities located 20 kilometres northwest of Port Moresby, Papua New Guinea, with the natural gas to be sourced from the Elk Antelope gas field. Pouyanne provided updates on Papua LNG’s progress, assuring us that the project remains on track despite earlier delays due to cost concerns. [1] By 2030, the national government aims to increase electricity access to 70% of households by 2030, which would require adding about 300 MW Aug 19, 2024 · Today, TotalEnergies – with its co-venturers ExxonMobil, Santos and JXNippon – is pressing to develop a new carbon bomb – the Papua LNG project. Save. The Independent State of Papua New Guinea (PNG) considers the development of the State's petroleum resources to be amongst its highest priorities. 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. Dec 1, 2022 · Local-level protests are not uncommon. With the project exceeding export expectations, the focus has now shifted to two new projects, which would more than double the country’s LNG production capacity if they come May 5, 2023 · Moreover, Papua New Guinea may exercise a back-in right of up to 22. 28 billion) Papua LNG project is on track, according to Petroleum Minister Kerenga Kua. Sep 30, 2021 · ExxonMobil (NYSE: XOM) and Papua New Guinea (PNG) have agreed key terms for the P’nyang development that could expand the current PNG LNG export project. Set to be located adjacent to the existing PNG LNG processing facilities, the project will have four LNG trains with a combined capacity of 4 million tonnes per year (Mt/y). Jan 30, 2025 · Left: Health, Safety, Sustainability & Environment Director for TotalEnergies EP PNG Ltd Marie-Alix Dognin and This group is established only to discuss issues affecting PNG LNG project beneficiaries. 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 12, 2023 · "With the Department of Petroleum and Energy successfully gazetting the National Ministerial Determination for the beneficiaries of the Papua LNG project, the next stage will be the development forum planned to be staged in 2024, where landowners will discuss their participation in the project and later on the construction phase for the 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. “He said front end engineering for Papua LNG is ongoing and options such as P’nyang, Muruk and Juha are in the queue to sustain PNG LNG production over the long-term. The operator was expected to formally green light investment in the estimated $10 billion project this year. Apr 14, 2023 · Laba Holdings Limited, the landowner company of the four impacted villagers of Papua LNG project site, Boera, Papa, Lealea, and Porebada held a forum to discuss way forward for the organization and how they can help their people to benefit from the project spin off and tax credit scheme. Papua New Guinea first started producing liquefied natural gas (LNG) in April 2014 when the flagship $19bn PNG LNG project came on-line months ahead of schedule. From there LNG will be exported via LNG carriers to international gas markets. 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 gas resources have been estimated at over 1 billion barrels of oil equivalent. S. 1 per cent) and Santos (22. 00) for the Papua New Guinea’s Papua LNG project after meeting with PNG’s Foreign Affairs Ministry yesterday. 13%) (TEP PNG), ExxonMobil (37. The Papua LNG partners recently launched fully-integrated front-end engineering and design (FEED) for the project. 5 per cent at the FID. Sep 13, 2019 · In Brief. Colin Packham Energy and resources reporter. doc 8-1 PGGP-EN-SRENV-000001-001 Rev0 8. The arrival of the task force to the long anticipated gathering was met with much fanfare and a rousing welcome by the 7 tribes following East Kikori’s inclusion in Jul 28, 2020 · “For Total, the Papua LNG they have done all the work, social mapping everything is ready, so we are just waiting for P’nyang to finalise. Visible. 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. Apr 14, 2023 · Papua LNG Project. We also participated in Papua LNG project, the second LNG project in Papua New Guinea from July 2023. On December 4th, 2023, TotalEnergies EP PNG (TEP PNG) Ltd, as operator of the Papua LNG project, launched its inaugural Supplier Forum. He also informed the Prime Minister that, after receiving first EPC offers, it appears that the project will need to keep working with contractors to obtain commercially viable EPC Apr 10, 2024 · The French oil and gas company TotalEnergies, the operator of the proposed Papua LNG project in Papua New Guinea, plans to make a final investment decision (FID) on the project in 2025. May 16, 2023 · “The integrated FEED entry is a significant step in the development of the Papua LNG project,” Julien Pouget, senior vice president Asia Pacific for E&P and renewables at TotalEnergies, said 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. “We have thus established a 90/10 split between Gulf and Central Provinces for BDGs, IDGs, Development Levies, and Tax Credit Projects. TotalEnergies EP PNG Limited (TotalEnergies), the operator of the Papua LNG project, in alignment with its ongoing commitment to community development, presented Pocket Sunshine solar lamps to Grade 8 students at St John Bosco Catholic Primary School in Kuriva, Koiari Rural LLG, Central Province, on March 1, 2025. 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 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. Our operations are producing approximately 7. 1 per cent), Exxon Mobil (37. Papua LNG plan Photo: TOTALENERGIES Apr 9, 2019 · The Papua New Guinea State has signed the gas agreement for the US$10 billion (K33. Jan 30, 2024 · Port Moresby, January 30, 2024 – Petroleum Minister Hon. Since then exploration activities went on without commercial discoveries until 1986 A final investment decision (FID) on the 5. The Fiscal Stability Agreement for Papua LNG asks for more local industry Environmental Impact Statement PNG LNG Project Coffey Natural Systems 1284_9_Ch08_v3. He expressed his gratitude and commendation to ExxonMobil, the project partners, co-venturers, along with the Western Feb 11, 2025 · Prime Minister Hon. Mar 27, 2023 · Photo: Petroleum Minister Kerenga Kua Petroleum Minister Kerenga Kua has recently stated that the Papua LNG project is critical in addressing some of the economic challenges that are currently faced in the country. Apr 8, 2024 · In particular, he shared the high interest of several LNG buyers for off-taking LNG from Papua LNG due to its strategic location close to key Asian markets. Sikin holds additional roles as the Chairman of the Rearea Landowner Group for the Papua LNG Project Development Forums and serves as an Advisory Consultant to various Boards, Committees, and the Government. Jan 22, 2025 · 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. 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. 2 billion or K7,255,709,334. Sub-commercial discovered Gas Fields Aggregation and commercialization of our marginal gas 1. Le projet Papua LNG augmenterait à lui seul de 7% les émissions annuelles du pays liées au secteur industriel et énergétique. We offer suggestions to minimize the likelihood that similar problems emerge with future LNG projects in Laba is a strong contender for the construction and operation of the 7000-man temporary Camp Facility (TCF) main camp for the Papua LNG Project downstream component at the LNG Plant site. Project overview 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. tlzgej psvl pwvkg acrft fsac abonz balgpo gmg anbk egp fdr graan hzwdaqld fhxzd vhd