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
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
26 February 2026
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
25 February 2026
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America
25 February 2026
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true






