Papua lng development forum However, it’s important to remember that this is an estimate, and the actual timeline might shift depending on various factors. The fourth LNG project in development is the "Western Gas" field. “I worked with InterOil during the exploration days as one of four Community Affairs managers and now I’mContinue reading "A second homecoming for Senior PDL 10, Papua LNG and P’nyangLNG DMO Papua New Guinea stands to benefit from agreed/committed DMO from PDL 10, Papua LNG and P’nyangLNG of about 0. Pasca A offshore gas project – Set to contribute to PNG’s LNG portfolio. On December 4th, 2023, TotalEnergies EP PNG (TEP PNG) Ltd, as operator of the Papua LNG project, launched its inaugural Supplier Forum. The Project will have a projected LNG export volume of 5. Papua LNG Project is a planned Liquefied Natural Gas (LNG) production project in Papua New Guinea. ” Also read Sep 22, 2024 · He further mentioned that during his upcoming visit to the United Nations General Assembly (UNGA) in New York, he will meet with the leadership of ExxonMobil to discuss the PNG LNG Project, Papua LNG, and P’nyang LNG, with the aim of synchronising these major projects. Jul 25, 2022 · “The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and thus contribute to its further development," said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies. “The delay in the Development Forum has resulted in an absence of a National Government policy on the distribution of project benefits has compelled us to make decisions in the best interest of our province. May 30, 2023 – Port Moresby, Papua New Guinea Marking yet another milestone for the Papua LNG project, six (6) of the required petroleum applications licences were submitted to the Department of Petroleum and Energy (DPE). These companies cooperate under the Papua-LNG project. James Marape on Tuesday, January 28, 2025, welcomed a high-level delegation from TotalEnergies to discuss the progress of key LNG projects in Papua New Guinea, including the flagship Papua LNG project and new exploration opportunities at Mailu in Central Province. He expressed his gratitude and commendation to ExxonMobil, the project partners, co-venturers, along with the Western Feb 11, 2025 · Prime Minister Hon. This group is established only to discuss issues affecting PNG LNG project beneficiaries. 6 million tonnes per year. He said about K75 billion will be generated over a 15 year period when the project is in progress. The Papua LNG project is committed to building long-term constructive relationships with its stakeholders and providing benefits for the country. 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. DPE Secretary Mr David Manau while addressing the key stakeholders present at the submission, stated that his department willContinue reading "Papua LNG Project Submits Apr 8, 2024 · In particular, he shared the high interest of several LNG buyers for off-taking LNG from Papua LNG due to its strategic location close to key Asian markets. Highlands and Western provinces of Papua New Guinea, by processing the gas and transporting it via pipeline from these provinces through Gulf Province and the Gulf of Papua to LNG producing and exporting facilities in Central Province, near Port Moresby. It will provide a long-term supply of liquefied natural gas (LNG) to four major customers in the Asia region. Jan 22, 2025 · Prime Minister James Marape provided an update following his productive meeting with ExxonMobil CEO Darren Woods (pictured) during the World Economic Forum in Davos, highlighting key discussions on the PNG LNG, Papua LNG, and P’nyang LNG projects. The Papua LNG project aims to promote economic development and industrialization in the Oil & Gas sector, by developing a competitive National Content program which would contribute to the Project’s needs and performance. He also informed the Prime Minister that, after receiving first EPC offers, it appears that the project will need to keep working with contractors to obtain commercially viable EPC Project overview The PNG LNG Project is an integrated development that includes gas production and processing facilities in the Southern Highlands, Hela, Western, Gulf and Central Provinces of Papua New Guinea. 5 per cent at the FID. “We are also advancing other world-class development opportunities across PNG with our venture partners, including the TotalEnergies-led Papua LNG Project in Gulf Province. We now pick up the story where subsequent exploration wells found mainly gas fields rather than oil fields Mar 7, 2023 · TotalEnergies speeds development of second PNG LNG project. In parallel, studies for the downstream liquefaction facilities are progressing in line with the overall project schedule, and the objective is May 24, 2023 · The advantages of having a second Liquefied Natural Gas (LNG) project in a country like Papua New Guinea is important and strategic in that the people are attached to the land, and they want to feel they are part of the extraction of resources and wealth -- and they can only do that through the development of their customary land. “The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and thus contribute to its further development," said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies. June 11, 2024 – Port Moresby, Papua New Guinea With well over 27+ years in the extractive resource sector, working with TotalEnergies EP PNG Limited, has been like a second homecoming, for Development Forum Coordinator Thomas Kevaro. Set to be located adjacent to the existing PNG LNG processing facilities, the project will have four LNG trains with a combined capacity of 4 million tonnes per year (Mt/y). The Marape-Rosso government places high priority on the delivery of Papua LNG Apr 14, 2023 · Laba Holdings Limited, the landowner company of the four impacted villagers of Papua LNG project site, Boera, Papa, Lealea, and Porebada held a forum to discuss way forward for the organization and how they can help their people to benefit from the project spin off and tax credit scheme. Both events are anticipated to occur early 2024. The forum was an opportunity for providing supply chain management organisations from the public and private sector an opportunity to meet and network, providing Papua New Guinean businesses with valuable insights and access to the Papua LNG project. ($14. 6 million tonnes per year (Mt/y). Visible. Feb 3, 2025 · Prime Minister James Marape concluded a series of high- level meetings at the World Economic Forum with a productive discussion with Patrick Pouyanné, CEO of TotalEnergies, focusing on the Papua LNG project and its future progress. History The project will have an LNG export volume of 5. “This is the first milestone in a series of regulatory steps that will culminate in a Development Forum where a development agreement will be signed by all beneficiaries and the State. He said, “Their shared focus on these projects gives us confidence in achieving our vision of sustainable resource development that benefits all Papua New Guineans. 8 per cent). Our operations are producing approximately 7. 5 per cent in the Papua LNG project. “The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and thus contribute to its further development,” said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies. These experts are supporting the development of the project and formulate recommendations that can be found on the Papua LNG website (www. Dec 6, 2024 · Santos has announced the successful completion of the Angore project in Hela Province, Papua New Guinea, further bolstering the country’s liquefied natural gas (LNG) production capacity. Anyone can find this group. Mar 7, 2023 · “The Papua LNG Project is a project of national significance for Papua New Guinea and will stimulate business confidence and provide a significant impetus for our economy” said the Honorable Kerenga Kua, Minister of Petroleum and Energy of Papua New Guinea. Ltd. The SMP is an important economic development and legacy initiative within the relationship between Papua LNG and the IBBM EDC. 49 Matters required before Development Forum 9 S. Jan 27, 2025 · During the forum, Marape engaged with other major players in the oil, gas, and mining sectors. Mar 21, 2023 · Photo Credit: Papua LNG - Map showing 260 km of offshore pipeline and 60 km of onshore pipeline extending from Elk and Antelope fields to Caution Bay On March 07, 2023, in separate announcements, Santos, TotalEnergies, and Exxon announced the Papua LNG project had launched the first phase of a fully integrated front-end engineering and design (FEED) for the Papua LNG project in Papua New Jul 21, 2022 · Photo credit: TotalEnergies TotalEnergies, as operator, has announced the decision of the Papua LNG joint venture to launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project's upstream production facilities. “Mr. TotalEnergies, along with its partners, is committed to Papua LNG. 6 per cent in the PNG LNG project and 22. 86 billion) Papua LNG project, TotalEnergies EP PNG Limited (TotalEnergies), the operator of the Papua LNG project, in alignment with its ongoing commitment to community development, presented Pocket Sunshine solar lamps to Grade 8 students at St John Bosco Catholic Primary School in Kuriva, Koiari Rural LLG, Central Province, on March 1, 2025. 9 million tonnes of liquefied natural gas each year which we export to four major customers in the Asia region. Prime Minister Marape confirmed substantial progress on the re-engineering and re-scoping of Papua LNG, which is now moving toward the next phase of development As well as servicing the needs of Papua LNG, the SMP has been developed to be used by other industries and projects within PNG, and for general PNG business-to-business usage. 14am. He reported that discussions reinforced commitments to large-scale projects, including Papua LNG, P’nyang LNG, and Wafi-Golpu. The fifth Pasca gasfield is offshore. In addition, TotalEnergies intends to drill the first deepwater exploration Apr 8, 2024 · A meeting between the Chief Executive Officer (CEO) of French energy giant TotalEnergies and the Prime Minister of Papua New Guinea has enabled the duo to discuss the development of a liquefied natural gas (LNG) project for which a final investment decision (FID) has now been moved to 2025. The Angore project Papua New Guinea: TotalEnergies Announces New Milestone towards Papua LNG Development Paris, July 20, 2022 – TotalEnergies, as operator, has announced the decision of the Papua LNG joint venture to launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project's upstream production facilities. FID was initially expected in late 2023 or early 2024 but additional work on EPC contracting will be required before reaching FID. Dec 12, 2023 · "With the Department of Petroleum and Energy successfully gazetting the National Ministerial Determination for the beneficiaries of the Papua LNG project, the next stage will be the development forum planned to be staged in 2024, where landowners will discuss their participation in the project and later on the construction phase for the May 25, 2022 · GULF Liquefied Natural Gas (LNG) Pipeline landowners have cried foul over a purported unsanctioned development forum conducted by the Gulf Provincial Government early this month. May 29, 2023 · Papua LNG is jointly owned by the developer TotalEnergies (40. Mr Kua said this sequencing is basically to run parallel simultaneously, and that is due to the fact that the country is small with a small public service, and they cannot be engaged in two similar projects at Jul 20, 2022 · “The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and thus contribute to its further development," said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies. 1 per cent), Exxon Mobil (37. From the 224,138 of the clans are from the Gulf province and 86 from the Central province which are entitled to receive royalties and equity benefits under section 167 and 168 of the Oil Mar 27, 2024 · The Government and the project partners for the US$12 billion (or K36 billion) P'nyang LNG project in Western signed the Fiscal Stability Agreement on March 18, 2024 in Port Moresby. 5 per cent compared to just 19. *** Apr 14, 2023 · Laba Holdings Limited, the umbrella representative landowner company for the four impacted village of the LNG plant site in the Central Province, held its first forum for 2023 to outline the company’s vision. He added that the initial stages of the project has commenced with K500 million Aug 10, 2022 · The three chairmen said Koriki tribe has 14 clans but the three main clans — Mai Ariava Nairu clan, Mari Mari Kari clan and Ukunukua Eavake clan — own the wellheads of the upcoming Papua LNG project were not present during the purported forum. [1] Prime Minister James Marape was present at the signing at the Government House, Konedobu. "The Jan 22, 2025 · Marape also emphasized the significance of the commitment shown by Woods and Pouyanné in advancing both the Papua LNG and P’nyang LNG projects. The development of the third project, the "P'nyang Gas Field", is in an advanced planning stage. 1 per cent) and Santos (22. ” The P’nyang development in Western Province is proposed to commence following the Papua LNG project, which will be located in Gulf Province. Colin Packham Energy and resources reporter. 5 per cent interest in Papua LNG, which it is expected to formally exercise at the time of a final investment decision. Announced at the Forum was the Project’s first Engineering, Procurement, Construction (EPC) contract awardee for the Upstream Early Works & Infrastructure Package, Vinci Construction Terrassement SpieCapag Papua LNG is a liquefied natural gas (LNG) production project led by TotalEnergies in response to Papua New Guinea’s desire to develop its gas resources. Though timing of the LNG Projects may be spread-out at different locations, the key point is the availability of gas that has been locked-in the Gas Agreements. The focus has shifted from Oil to Liquefied Natural Gas (LNG 7 S. Feb 22, 2022 · “The P’nyang project gas agreement marks a significant milestone and underscores the intent of all stakeholders to set a clear framework toward the P’nyang project’s future development. As Papua New Guinea’s state nominee, Kumul Petroleum Holdings and the Mineral Resources Development Company have an option to take up to 22. Apr 3, 2023 · The second contract has been assigned to Saipem, in partnership with PT Tripatra Engineers and Constructors and Daewoo Engineering & Construction Co. A final investment decision (FID) on the 5. P’nyang gas project – Following Papua LNG to ensure long-term energy sector expansion. This milestone development, unveiled on November 19, marks a significant step forward for the PNG LNG venture, delivering up to 350 million standard cubic feet (mmscf) of gas per day. Eight clans along the LNG Pipeline corridor are Evara, Hepere, Arehava, Paevera, Avavu, Huruta, Ere and Kilari claimed that the forum had also compiled an unofficial “This allows the Papua LNG Project to proceed towards development. Apr 14, 2023 · Papua LNG Project. Only members can see who's in the group and what they post. Aug 10, 2023 · This means that the Development Forum for Pynanag will take place in 2027 and the construction and the development would start in 2028. Assuming a 2025 FID, production start-up could potentially occur in 2026. While several factors have delayed the final investment decision on Papua LNG, Papua New Guinea’s second gas project, Jean-Marc Noiray, Managing Director of project lead TotalEnergies E&P PNG, says he’s “confident” the project will reach that landmark this year, “with all the lines of activity progressing well: technical optimisation, regulatory permitting, gas marketing and project Dec 3, 2024 · The project will have an LNG export volume of 5. , by PAPUA LNG Development Pte. Jun 18, 2024 · This development includes construction of new production facilities and a 20km pipeline to connect the Agogo Production Facility to the PNG LNG export pipeline. Since then exploration activities went on without commercial discoveries until 1986 Feb 11, 2025 · In addition to Papua LNG, several major resource projects are moving towards development, including: Wafi-Golpu gold and copper project – Final agreements expected in 2025. 50 Development Agreement Compliance Requirements from SMLI's to Development Agreement Legislated Social Requirements in Petroleum Development License Phases DoP - Administration Requirements of sustainability. These projects, valued at over K50 billion, are expected to significantly boost PNG’s economy over the next five years. ExxonMobil is proud to have signed the P’nyang Gas Agreement with Papua New Guinea linking new upstream facilities in Western Province to existing infrastructure. ” Downstream May 16, 2023 · “The integrated FEED entry is a significant step in the development of the Papua LNG project,” Julien Pouget, senior vice president Asia Pacific for E&P and renewables at TotalEnergies, said Apr 21, 2021 · Background – Petroleum Industry in Papua New Guinea The exploration for petroleum in Papua New Guinea has a long history which dates back to early 1900s. Feb 7, 2025 · Marape confirmed “substantial” progress on the re-engineering and re-scoping of Papua LNG, which is now moving toward the next phase of development. 6mn t/yr Papua LNG project in Papua New Guinea is likely to be taken in late 2025, Australian independent Santos' chief executive Kevin Gallagher told an investor call marking the firm's half-year results to 30 June. Apr 10, 2024 · The French oil and gas company TotalEnergies, the operator of the proposed Papua LNG project in Papua New Guinea, plans to make a final investment decision (FID) on the project in 2025. Pouyanne provided updates on Papua LNG’s progress, assuring us that the project remains on track despite earlier delays due to cost concerns. Papua LNG aims to be a recognized and trusted partner that will support Papua New Guinea and contribute to the development Jan 22, 2025 · Prime Minister Marape confirmed substantial progress on the re-engineering and re-scoping of Papua LNG, which is now moving toward the next phase of development. Oct 13, 2021 · The increased benefits is made possible by an increase both in the production levy of three per cent and the State equity (including the commercial purchase) at 32. Apr 18, 2024 · In Part I, we read about the signs of oil and gas throughout Papua New Guinea that enticed many oilmen to look for large oil and gas fields over many decades, and we read about the first commercial oil discovery at the Iagifu 2-X well and how the Kutubu field was successfully developed. Gas resources in PNG have been estimated at over 1 billion barrels of oil equivalent. From there LNG will be exported via LNG carriers to international gas markets. May 21, 2021 · “However, the P’nyang gas development will have a huge impact on the monetization of other smaller stranded gas fields in the Western and Gulf provinces and can be aggregated as a stand-alone, used as a backfill for the PNG LNG project together with Juha and Muruk in the Northwest fold-belt as a utilised project, or deliver alongside Papua Mar 27, 2023 · Photo: Petroleum Minister Kerenga Kua Petroleum Minister Kerenga Kua has recently stated that the Papua LNG project is critical in addressing some of the economic challenges that are currently faced in the country. Dec 8, 2023 · A total of 224 clans have been identified under the Social Mapping and Landowner Identification studies of the US$10 billion (K35 billion) Papua LNG project. Jan 30, 2025 · Left: Health, Safety, Sustainability & Environment Director for TotalEnergies EP PNG Ltd Marie-Alix Dognin and PNG LNG is an integrated development that is commercialising the gas resources of Papua New Guinea. papualng. Mar 7, 2023 – 10. com. Speaking at the launch of the NASFUND FM100 Talkback Show on Monday, the Prime Minister addressed recent Papua LNG Project 2025 & Beyond Development and Production. 628 TCF. It began with a group of Australian geologists who first came in 1913 to PNG to investigate prospects of hydrocarbon on behalf of the Australian Government. The benefits of LNG development for the country is a controversial issue. "PNG LNG Project Umbrella BSA,,(,'LNG UBSA):" means this Umbrella Benefit Sharing Agreement executed between the parties that forms the basis on which Licence-Based Benefit Sharing Forums will be held and which is referred to in Clause 15 of the LNG Gas Agreement "LNG Gas Agreement" means the agreement signed on 22nd May,. Save. “Pouyanne provided updates on Papua LNG’s progress, assuring us that the project remains on track despite earlier delays due to cost concerns,” he said. “We have thus established a 90/10 split between Gulf and Central Provinces for BDGs, IDGs, Development Levies, and Tax Credit Projects. 5 days ago · Prime Minister Hon. The government is expected to increase its ownership of Papua LNG when it exercises its full back-in right (the amount of equity allowed to the State by law) of up to 22. 48 Development Forum 8 S. pg). quw tvqk fglt wkdbz qiydm bvvdct gktxm byyyq njynxai svplqve yhwi hyxb fxj ptnht rvtgzm