Wapu Sonk, Managing Director of Papua New Guinea’s state-owned oil and gas company Kumul Petroleum Holdings Limited, spoke about the way forward with the TotalEnergies-led Papua LNG project and the “unexpected blessings” its delay could bring at this month’s 2024 Business Advantage PNG Investment Conference. Watch his exclusive fireside chat.
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Wapu Sonk on Papua LNG – timelines, impacts, and reforms that could benefit industry [video]
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TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead
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A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.
Papua LNG investment decision faces delay as financiers grapple with climate concerns
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The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.
Hundreds of businesses register for Papua LNG early works contracts
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Ahead of registrations for early works contracts on Papua LNG closing, the Institute of Banking and Business Management’s CEO Susil Nelson-Kongoi walked Business Advantage PNG through recent developments
Local companies encouraged to step-up for early works contracts on Papua LNG
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A commitment by TotalEnergies, operator of the Papua LNG Project, to provide the PNG government with a National Content Plan in September, will ensure PNG businesses receive their fair share of preparatory early works contracts, which will be awarded this month.
In brief: Papua LNG spending to help revive forex market and other business stories
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Papua LNG spending to help restore Papua New Guinea’s foreign exchange market, Bank of China opens representative office in Port Moresby and New Porgera clarifies future payments to Barrick.
Business breakfast: Update on the Papua LNG Project
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Join the Port Moresby Chamber of Commerce & Industry and TotalEnergies on 11 May for a breakfast with the Managing Director of TotalEnergies, Jean Marc Noiray, for an update on the Papua LNG project.
Papua LNG project moves to FEED stage: what’s next?
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The TotalEnergies-led Papua LNG gas project in Papua New Guinea has officially entered its FEED [front end engineering and design] stage – the last major stage before the $US10 billion project is given a green light. We look at what happens next.
What business opportunities will flow from the Papua LNG project?
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More details have been revealed about the planned TotalEnergies-led Papua LNG gas project and how businesses can get involved.
In brief: Papua New Guinea to receive K86 billion from Papua LNG and other business stories
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Papua LNG project to inject billions to Papua New Guinea’s economy, Prime Minister Marape welcomes Fortescue Future Industries representative to Port Moresby and the Pacific Marine Industrial Zone Project (PMIZ) will be rebranded.
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