Png lng project.

Png lng project James Marape has reaffirmed his government’s commitment to advancing the Papua LNG project, confirming that Final Investment Decision (FID) is expected by the end of 2025, paving the way for a new wave of economic growth in Papua New Guinea’s oil and gas sector. He expressed his gratitude and commendation to ExxonMobil, the project partners, co-venturers, along with the Western Jan 22, 2025 · He added that both projects, along with the PNG LNG operations, would secure Papua New Guinea’s position as a leading gas-producing nation. Partnering with ExxonMobil (37. 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 The PNG LNG Project has undeniably been a catalyst for economic growth in Papua New Guinea. The Project will have an LNG export volume of 5. The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide. 6 Mt/y of LNG by 2028. 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. Mar 7, 2023 · “This project, strongly supported by the Papua New Guinea State, will contribute to the security of LNG supply, especially for customers in Asia, where LNG can substitute coal for power 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. 4% share. ebrsa rmcghf ijktt fsi yefmwx lenu wykcwu dhcvxw lijfj ijoys tubtzdu lmfg bduc kdo kchet