The selection of the two key sites to develop Papua New Guinea’s Elk Antelope LNG fields was a difficult task, requiring a full set of studies to reach a decision, according to Philippe Blanchard, the Managing Director of Total PNG, the lead operator of the project.
Selecting sites for second Papua New Guinea LNG plant ‘difficult’, says Total’s Philippe Blanchard
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8 Jul 2015 by Leave a Comment
Papua New Guinea’s second LNG processing site to be located near first LNG site
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8 Jul 2015 by 17 Comments
The partners in Papua New Guinea’s second LNG plant have chosen Caution Bay as the processing site for the Elk-Antelope project, paving the way for close cooperation with the nearby ExxonMobil PNG LNG venture.
In brief: Salini-Impregilo to develop Papua New Guinea’s biggest hydro project, and other business stories
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29 Apr 2015 by
Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.
Papua New Guinea Business Council members concerned at lack of foreign currency
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24 Mar 2015 by 1 Comment
The President of the Australia–Papua New Guinea Business Council says his members have expressed concern to Prime Minister they are unable to source enough foreign currency.
InterOil chief positive about Papua New Guinea’s role as LNG provider, despite oil prices fall
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25 Feb 2015 by 1 Comment
Papua New Guinea is well positioned to benefit from rising LNG demand, despite falling prices, says InterOil Managing Director, Michael Hession.
Opinion: using gas to develop Papua New Guinea’s economy
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20 Jan 2015 by 1 Comment
Exporting all future PNG gas extract for income may not be the best use of this remarkable resource. LNG should also be used for domestic power consumption and petrochemical feedstock to boost industry and provide much-needed jobs, argues Petroleum Operations Advisor to the World Bank, Michael McWalter.
Central bank governor defends pegging of kina, and other business stories
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1 Oct 2014 by Leave a Comment
Central bank governor says economic stability dependent on kina pegging, Panguna landowners support re-opening of gold and copper mine, and 2015 Budget may be a deficit budget with ‘no significant strategic changes’. Your weekly digest of the latest business news.
Oil Search chief argues for co-operation in developing ‘huge’ gas potential
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11 Sep 2014 by Leave a Comment
There is enough gas capacity in PNG for at least three more LNG trains over the next five-to-seven years, according to Oil Search CEO, Peter Botten, who’s called for gas developers to co-operate and share facilities.
Elk and Antelope ‘just the start,’ says InterOil
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20 Aug 2014 by Leave a Comment
Cashed up after the completion of several recent deals, oil and gas company InterOil Corporation has widened its exploration focus to include up to 40 promising new targets.
Papua New Guinea to join the top dozen LNG exporters
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16 Apr 2014 by 2 Comments
The first shipment of Papua New Guinea’s LNG exports is due to get underway mid-year, marking the country’s entry to this growing global energy industry. With the prospect of second and third LNG projects, where will PNG fit in to the global LNG market?
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