InterOil teams up with Total to develop Papua New Guinea’s second LNG project

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InterOil Corporation has announced it is teaming up with France’s Total S.A. to develop Papua New Guinea’s second LNG gas project at the Elk and Antelope fields in Gulf Province. How will the new project fit into PNG’s existing LNG landscape?

InterOil announcement on Elk Antelope LNG project ‘very, very close’

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Interoil expects to announce a ‘major transformational deal’ by the end of 2013 to develop the Papua New Guinea’s second LNG plant, according to recently appointed CEO Michael Hession.

ExxonMobil and InterOil get together on second gas project

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Papua New Guinea’s much-anticipated second gas project could turn out to be an extension of its first, as ExxonMobil commences exclusive negotiations with InterOil and Pacific LNG.

Is LNG a safe bet for Papua New Guinea?

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Papua New Guinea will be heavily reliant on its liquefied natural gas exports for many years to come. Rod Myer considers how PNG’s aspirations may be affected by global trends. Papua New Guinea is beginning to reap the rewards of its nascent LNG industry but the potential for LNG in PNG is far greater than […]

Five things we learned at the PNG Mining Conference

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The 12th Papua New Guinea Mining and Petroleum Investment Conference was held last week in Sydney, Australia. The event was hosted by the PNG Chamber of Mines and Petroleum. 1. Resources have never been bigger in PNG As PNG’s new Mining Minister Byron Chan observed, mining was responsible for 71% of PNG’s export receipts in 2011. The 1350 […]

Gas and petroleum: the year of heavy lifting

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Papua New Guinea’s oil and gas sector continues to attract new entrants as its ExxonMobil-led PNG LNG liquefied natural gas project moves inexorably towards a production stage. Papua New Guinea is highly prospective for oil and gas, with deposits being found across its Highlands provinces, Foreland Basin and even beneath the Gulf of Papua. The […]