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PNG inches towards more LNG [Gas in Transition] PDF Imprimare
Joi, 02 Februarie 2023 14:58


              After years of political disagreements and community disputes, Papua New Guinea is making progress towards almost doubling its LNG production. [Gas in Transition, Volume 2, Issue 12]

by: Neil Ford

With the world’s biggest LNG markets on its doorstep in East Asia, untapped proven gas reserves and experienced developers, all the ingredients are in place for Papua New Guinea (PNG) to expand its LNG capacity. US major ExxonMobil, France’s TotalEnergies and Australia’s Santos seem committed to the country, and it looks likely that a final investment decision will be taken on at least one new planned project next year. The existing LNG project, PNG LNG, began production in 2014. ExxonMobil had originally investigated the possibility of piping gas 3,000 km south to Australia, presumably for LNG production on the north coast, but the Papuan government preferred domestic liquefaction to retain more of the project’s economic benefits within the country. The fact that PNG LNG involved tapping onshore gas fields gave the government’s argument more weight than the similar debate in Timor-Leste over domestic






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