The progress of Papua New Guinea’s next major gas project, Papua LNG, appears on schedule as operator TotalEnergies announces the project is entering its front end engineering and design (FEED) stage. The company is promoting the project’s low carbon credentials.
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TotalEnergies’ Papua LNG project finally moves into FEED in Papua New Guinea
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28 Jul 2022 by Leave a Comment
In brief: Papua LNG scheduled to commence in 2027 and other business stories
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20 Oct 2021 by 1 Comment
Total E&P’s MD outlines Papua LNG schedule, the Internal Revenue Commission signs Memorandum of Agreement with the SME Corporation and Air Niugini to resume services to Sydney. The business news you need today.
Vive le gaz! Total and Papua New Guinea ‘remobilise’ Papua LNG
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10 May 2021 by Leave a Comment
There are signs of a renewed effort to push ahead on the Total-led Papua LNG project after successful meetings between the company’s CEO and a senior government delegation.
Total SA and Papua New Guinea sign key agreement for Papua LNG to move forward
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12 Feb 2021 by Leave a Comment
The long-awaited signing of the Fiscal Stability Agreement between the Papua New Guinea government and Total SA has been announced. It opens to the way for the project to go forward.
Total expected ‘shortly’ in Papua New Guinea to advance Papua LNG, says Kumul Petroleum MD
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3 Feb 2021 by 4 Comments
The signing of a fiscal stability agreement between Papua New Guinea and French oil major Total looks set to trigger the FEED phase of the multi-billion dollar Papua LNG project. Wapu Sonk, Managing Director of national oil company Kumul Petroleum, tells Business Advantage PNG the signing is expected within the next two weeks.
Oil Search tightens the purse strings and focuses on Papua LNG
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25 Nov 2020 by 1 Comment
Oil Search has announced in a recent strategy update that it will continue to reduce costs and pull back on exploration. However, the company says it intends to make the Papua LNG project a priority.
In brief: Papua New Guinea paves the way for Papua LNG, and other business stories
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16 Nov 2020 by 1 Comment
Parliament passed six key pieces of legislation that allow the Papua LNG project to move forward, Australia’s Prime Minister cancels his trip to Papua New Guinea and cocoa farmers in East Sepik Province ready to benefit from new project. The business news you need to kickstart your week.
In brief: Parliament passes 10 Papua LNG Project Amendment Bills and other business stories
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21 Oct 2019 by Leave a Comment
Parliament passes Papua LNG Project Amendments Bills, the Minister for Petroleum announces that the P’nyang gas field project will be a standalone project, and Twinza Oil says it expects the first production of liquids from the Pasca A condensate gas field by 2022. Your weekly digest of business news.
Focus moves to P’nyang agreement after government endorsement of Papua LNG
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2 Oct 2019 by 1 Comment
After the government’s endorsement of the Papua LNG Gas Agreement in September, attention has shifted to achieving a deal for the P’nyang gas project. Its developers see its pending approval as a prerequisite for the commencement of Papua LNG.
Analysis: How the Papua LNG project should improve PNG’s financial imbalances
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4 Sep 2019 by Leave a Comment
The go-ahead for the US$10 billion Papua LNG project is likely to do much to alleviate some of the financial imbalances in the PNG economy, including the lack of availability of foreign exchange and the weakness of the currency. David James investigates.
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