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.
TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead
Welcome,
14 Feb 2024 by 2 Comments
Twinza Oil and Papua New Guinea Government conclude negotiations on Pasca A gas project
Welcome,
14 Jul 2021 by Leave a Comment
The Papua New Guinea Government and Twinza Oil have concluded negotiations on terms for Pasca A, PNG’s first offshore gas project. While the terms are subject to approval by PNG’s National Executive Council, a signed gas agreement is expected as soon as the end of this month.
Ready for business: Papua New Guinea’s Ihu Special Economic Zone approved
Welcome,
23 Sep 2020 by 15 Comments
The National Executive Council has given the nod to Papua New Guinea’s first special economic zone. Project Director Peter KenGemar tells Business Advantage PNG about how it could boost local jobs and investment
PNG Flying Labs: reaching Papua New Guinea’s unreached
Welcome,
10 Feb 2020 by Leave a Comment
How do you reach Papua New Guineans in remote areas? With drones – and a new company, PNG Flying Labs, is trying to ensure the next generation is qualified to fly them
US$10 billion Papua LNG project to go ‘full steam ahead’ in Papua New Guinea
Welcome,
3 Sep 2019 by 3 Comments
Papua New Guinea’s Petroleum Minister has announced that the government will honour a gas deal struck with French major Total SA for the US$10 billion Papua LNG project. The project will be the single largest foreign investment in the Pacific country since the advent of the US$19 billion PNG LNG project a decade ago.
Second route out of Papua New Guinea’s Highlands could transform country: IFC study
Welcome,
12 Aug 2019 by 1 Comment
Currently, the only way of bringing bulk agricultural produce out of Papua New Guinea’s fertile Highlands is down the Highlands Highway to the port city of Lae. A new study has identified a faster second route—through Gulf Province. Business Advantage PNG investigates.
Gulf Province: Papua New Guinea Business Guide
Welcome,
25 Mar 2019 by Leave a Comment
Gulf Province is located on Papua New Guinea’s southern coast. It has a concave coastline of large deltas that lead into the Lakekamu Basin, and has mountains and wide expanses of seasonally flooded grass plains stretching out from the Turama, Kikori, Purari and Vailala rivers. The province has about 500 kilometres of roads, mainly along the eastern coast and mountains.
Date announced for Papua LNG gas agreement in Papua New Guinea
Welcome,
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
Welcome,
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.
Production from Papua LNG in Papua New Guinea could start in 2024, says Total Managing Director
Welcome,
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.
USD 0.251
AUD 0.3939
GBP 0.1966
EUR 0.2385
NZD 0.4333
JPY 38.07
SGD 0.3368
Recent readers’ comments