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Boardroom briefing: Papua LNG tech, investment law reform, new airport lounges and cybercrime
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26 Mar 2019 by Leave a Comment
Date announced for Papua LNG gas agreement in Papua New Guinea
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20 Mar 2019 by Leave a Comment
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. Opening the PNG Petroleum and Energy Summit in Port Moresby yesterday, he also outlined some of the key elements the agreement will contain.
Papua LNG expected to drive development of Special Economic Zone in Gulf Province
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5 Mar 2019 by 20 Comments
A fifteen-year plan to develop the Ihu Special Economic Zone is expected to be approved this month. Driving its development will be the infrastructure requirements for Papua New Guinea’s second liquefied natural gas project—Papua LNG.
In brief: Papua LNG project to put Papua New Guinea as leading LNG exporter, and other business stories
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15 Jan 2019 by Leave a Comment
Forex turnover more than K4b in October, call for joint PNG-Australia coastguard initiative, and one kina chocolate bar on sale locally. Your weekly digest of the latest business news.
Production from Papua LNG in Papua New Guinea could start in 2024, says Total Managing Director
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4 Dec 2018 by Leave a Comment
French super major Total will look to have a final gas agreement with the Papua New Guinea government for the Papua LNG project by March 2019. If the project gets the final go-ahead, production should start in 2024, according to Jean-Marc Noiray, Managing Director of Total E&P PNG.
O’Neill to announce preliminary agreements for Papua LNG and Wafi-Golpu to coincide with APEC Leaders Meeting
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7 Nov 2018 by Leave a Comment
The Prime Minister Peter O’Neill has announced that Heads of Agreements will be signed for the Wafi-Golpu mine and Papua LNG project, to coincide with the APEC Leaders Week. In a pep to talk to business last week, he emphasised the benefits of hosting APEC 2018.
Total aiming to start Papua LNG production in 2022/23, says Blanchard
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28 Nov 2016 by 4 Comments
Philippe Blanchard, Managing Director of Total E&P PNG – operator of the Papua LNG project – tells Business Advantage PNG that production for the project is expected to begin in 2022/2023. He says Total is using local labour and companies as much as possible.
Oil Search will benefit from working with ExxonMobil on Papua LNG project, says Botten
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3 Aug 2016 by Leave a Comment
ExxonMobil PNG may have trumped Oil Search’s bid for InterOil Corporation, but Papua New Guinea’s largest company will still benefit from the US major’s US$2.3 billion bid, according to Oil Search’s Managing Director Peter Botten. He tells Business Advantage PNG that the bid by ExxonMobil delivers most of the benefits of Oil Search’s take over offer and pushes the ‘cooperation agenda’.
Papua LNG project ‘definitively’ going ahead in Papua New Guinea, says Total
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29 Apr 2016 by 17 Comments
France’s Total SA has confirmed its plans to commence construction for Papua LNG, the country’s next big liquefied natural gas project. Business Advantage PNG spoke with Philippe Blanchard, Managing Director of its PNG subsidiary, Total E&P PNG, to learn more about its race to start construction in 2018.
Papua LNG project to have ‘similar impact’ on Papua New Guinea to PNG LNG: InterOil CEO
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29 Mar 2016 by Leave a Comment
With the PNG LNG project now in production, all eyes are on Papua New Guinea’s next likely gas project: Papua LNG. InterOil Corporation has been with the project, based on the Elk-Antelope gas fields in Gulf Province, since its inception. Chief Executive Officer Michael Hession tells Business Advantage PNG why the project is still promising, even in a time of low global gas prices.
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