The Pasca A and P’Nyang developments are now in doubt
Papua New Guinea risks LNG ambitions
The county’s negotiating tactics are damaging its reputation among developers
Papua New Guinea’s clumsy attempts to secure greater returns from LNG projects continue to discourage investors, particularly as the country was already seen as challenging given its difficult terrain, limited infrastructure, frequent civil unrest, high level of corruption and potential for earthquakes. At least one major development—the Total-operated 5.33mn t/yr Papua LNG scheme—remains on track in the resource-rich island nation, while a smaller scheme—Pasca A—has become the latest project thrown into doubt by government negotiation tactics. The Papua LNG partners—comprising France’s Total (40.1pc), ExxonMobil-subsidiary InterOil (36.5pc) and ASX-listed Oil Search (22.8pc)—signed a fis
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
