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PNG LNG

Location

Papua New Guinea.

Participants

Santos (13.5%)
ExxonMobil (operator)
Oil Search
Nippon Oil
State (NPCP, MRDC and Petromin)

Overview

Sanctioned in December 2009, the PNG LNG project involves the development of gas and condensate resources in the Hides, Angore and Juha fields and associated gas resources in the operating oil fields of Kutubu, Agogo, Gobe and Moran in the Southern Highlands, Hela and Western Provinces of Papua New Guinea.

The gas is  transported by pipeline to a gas liquefaction plant 25 kilometres north-west of Port Moresby with a capacity of 6.9 mtpa. PNG LNG has binding LNG sales agreements with four Asian buyers.

Project Status

On 26 May 2014, Santos announced that the first shipment of LNG from the PNG LNG project had left Papua New Guinea carrying a cargo bound for Japan.

Production from the first LNG train started in April, and production from the second train has also started.

As at the end of June 2014, seven LNG cargoes had been shipped.

For more information please go to www.pnglng.com

Download: The PNG LNG story.