Papua LNG seals deal
Agreement with Papuan New Guinean state is an important milestone for an unusual project
Total and its partners, ExxonMobil and Australian-listed independent Oil Search, signed a gas agreement in April with host country Papua New Guinea, aimed at defining the fiscal framework for the Papua LNG Project. This gas agreement allows the partners to start the front-end engineering design (FEED) study, ahead of a planned final investment decision (FID) in 2020. Papua LNG is, in simple terms, a 5.4mn t/yr plant, consisting of two trains of 2.7mn t/yr each. However, as shown in Fig1, it is slightly more complicated than that. It will share facilities with ExxonMobil's PNG LNG plant at Caution Bay, benefitting "from the brownfield synergies with existing liquefaction facilities", accordin
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
