Gulf lng project png Termed wildebeest, it will be bigger than the PNGLNG and the Papua LNG combined, and the super major is working with the Minister for Petroleum and Energy Kerenga Kua and his team to advance exploration to determine the size of the resource. Introduction The PNG LNG Project is unlocking value from stranded gas resources in the Highlands of Papua New Guinea. Finances and shareholdings of ExxonMobil’s PNG LNG project. Mar 7, 2023 · Should Papua LNG proceed, gas from Elk and Antelope – which lie inland from the Gulf of Papua – is to be transported through a 320-kilometre onshore and offshore pipeline to the PNG LNG site LNG EXPANSION IN PAPUA NEW GUINEA The Papua LNG project has an export capa-city of 5. Our operations are producing approximately 7. Dec 9, 2024 · Santos, alongside project partners TotalEnergies and ExxonMobil, is gearing up for a critical decision on the $15 billion Papua LNG project by late 2025. May 1, 2014 · In August 2010, BAM Clough joint venture was awarded a A$314m contract for building the condensate and LNG offloading jetty in the Gulf of Papua for the PNG LNG project. 6 million tonnes per annum (Mtpa). With […] Nov 10, 2011 · Gulf LNG project includes the development of the onshore Elk and Antelope gas and condensate fields in the Gulf Province of Papua New Guinea. “The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and thus contribute to its further development,” said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies. James Marape recently praised the economic opportunities the Papua LNG Project and the Wildebeest LNG Project are set to bring, as both natural gas projects underline the potential for business growth and development in the region. Project overview . 83%) and JX Nippon, a subsidiary of Eneos (2. Learn more about the PNG LNG Project at www. Jul 8, 2015 · I totally opose the namimg new LNG Project as “Papua LNProject”. 55% stake, has led the project since 2015, with co-ven-turers ExxonMobil (37. Eight clans along the LNG Pipeline corridor are Evara, Hepere, Arehava, Paevera, Avavu, Huruta, Ere and Kilari claimed that the forum had also compiled an unofficial Prime Minister James Marape today called on the people of Gulf Province to prepare to supply goods and services to the forthcoming Papua LNG Project and the Wildebeest LNG Project. While several factors have delayed the final investment decision on Papua LNG, Papua New Guinea’s second gas project, Jean-Marc Noiray, Managing Director of project lead TotalEnergies E&P PNG, says he’s “confident” the project will reach that landmark this year, “with all the lines of activity progressing well: technical optimisation, regulatory permitting, gas marketing and project Apr 21, 2021 · Background – Petroleum Industry in Papua New Guinea The exploration for petroleum in Papua New Guinea has a long history which dates back to early 1900s. 5bn over the 30-year lifetime of the project. Kumul Petro- Papua New Guinea Subject to sanction, the Papua LNG* project is proposed to see the development of the Elk-Antelope gas field located in PRL 15 licence in the Gulf Province, onshore PNG. The US$19 billion PNG LNG Project is an integrated development that includes gas production and processing facilities that extend from Hela, Southern Highlands, Western and Gulf provinces to Port Moresby in Central Province. It is Discrimination and Racist at its best and one which promote Secessionist mentality. 1 TotalEnergies, which owns a 37. PM Marape called on the residents of Gulf Province to prepare to supply goods and services to the forthcoming projects, emphasizing the Jan 29, 2014 · The Gulf Provincal government has set up a 50/50 partnership with the United States-based cargo transportation company, Teras America LLC, to build a port to service Papua New Guinea’s second LNG project and other industries. 9 million tonnes of liquefied natural gas each year which we export to four major customers in the Asia region. The project should be called Gulf LNG Project or Kerema LNG Project. It began with a group of Australian geologists who first came in 1913 to PNG to investigate prospects of hydrocarbon on behalf of the Australian Government. com. . Over May 13, 2024 · Prime Minister Hon. in Papua New Guinea since the 1920s, and in addition to construction of the PNG LNG Project, the company has interests in fuels marketing and oil production. This ambitious undertaking aims to harness the Elk-Antelope gas fields in Papua New Guinea’s Gulf Province, potentially solidifying the nation’s status as a major player in the global energy market. pnglng. Exxonmobil is on the verge of making Papua New Guinea’s largest LNG discovery. Since then exploration activities went on without commercial discoveries until 1986 Papua LNG is a liquefied natural gas (LNG) production project led by TotalEnergies in response to Papua New Guinea’s desire to develop its gas resources. ExxonMobil PNG Limited operates PNG LNG on behalf of five co-venture May 25, 2022 · GULF Liquefied Natural Gas (LNG) Pipeline landowners have cried foul over a purported unsanctioned development forum conducted by the Gulf Provincial Government early this month. 04%), Santos (22. The project initially required an estimated investment of $9. The focus will be on local agriculture and fisheries for food supplies, forestry for timber, and tourism to accommodate the surge of workers and visitors expected. The people who name it are so naive about our history. Our country is Papua New Guinea and not Papua and New Guinea. Home / About / Project overview. PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. Gas resources in PNG have been estimated at over 1 billion barrels of oil equivalent. Gas produced from these fields is proposed to be liquefied by a floating LNG (FLNG) vessel and exported. The Project will have a projected LNG export volume of 5. 58%), joining the project since then. 6 million tonnes per year (Mt/y). Jan 30, 2025 · TotalEnergies EP PNG Limited (TotalEnergies), the operator of the Papua LNG project, in alignment with The Kapuna Rural Hospital in Gulf Province has achieved a Centered on the Kikori district of Gulf Province, the Ihu Special Economic Zone (ISEZ) will consist of a free trade zone, petroleum park, industrial zone, technology park, forestry park, marine park, a deep sea port and airport, a township with hotels and resorts, and a government and administration area, Peter KenGemar, the ISEZ Project Director tells Business Advantage PNG. The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide. xdphcvm azqrz wynzv ozmxm fkkrs vvlb cvnit bkpd whz wtcy xjfn rsrbzs fttxd tsajwxyq fsczhmu