Papua lng downstream project The Papua LNG project, led by energy giant TotalEnergies (40. It will be built near the existing processing facilities of the PNG LNG project, located 20km northwest of Port Moresby. PNG LNG. The Papua LNG project May 16, 2023 · Given the integration between Papua LNG and PNG LNG, TotalEnergies has agreed to sell to JX Nippon a 2% interest (post the state’s back-in right) to the Papua LNG project. The Papua LNG project will ensure that a skilled local workforce, is established and is expected to offer over 3,000 positions to nationals over the lifespan of the Project. Natural gas to be fed into the Papua LNG facility will be drawn from the Elk Antelope gas field. Mar 20, 2023 · The Papua LNG project will have an LNG liquefaction capacity of around four million tons per year (Mtpa). "The Jun 18, 2024 · Downstream Currently, as the Papua LNG Delegated Downstream Operator, ExxonMobil is working to ensure all key stakeholders are engaged and regulatory permits for the Papua LNG downstream facilities at the LNG Plant at Caution Bay are awarded. Currently, the company is executing 3 projects, an FLNG (floating liquefied nitrogen gas) project in Mozambique and other in Malaysia, and the 3 rd one is a large scale LNG project in Canada. Mar 17, 2023 · JGC Corporation, in partnership with Hyundai Engineering & Construction (E&C), has secured a front-end engineering design (FEED) and engineering, procurement and construction (EPC) estimation contract for the downstream LNG facilities of the Papua LNG project. In fact, late last year, this Project achieved a major permitting milestone when we joined the Similar to the Early Works Information Session held earlier in May in both Port Moresby and Lae, Papua New Guinean business houses received up-to-date information on the Papua LNG project, its procurement process, key packages and upcoming tenders in 2024 for the project. Apr 14, 2023 · Papua LNG Project is a planned Liquefied Natural Gas (LNG) production project in Papua New Guinea. 8%), the project is inching closer to development. 5 percent interest in the project at the final investment decision planned by the end of 2023 or early 2024. 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. According to the managing director of Kumal Petroleum, this project would help export gas from Mar 21, 2023 · The floating LNG (FLNG) project calls for the design of approximately 4 mta of LNG liquefaction capacity adjacent to the existing PNG LNG processing facilities located 20 km northwest of Port Moresby, Papua New Guinea. JX Nippon is an “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%) and Santos (22. The Papua LNG partners recently launched fully-integrated front-end engineering and design (FEED) for the project. The gas resources have been estimated at over 1 billion barrels of oil equivalent. Also Read: Different from Lease Here’s Hyundai’s ‘No In March 2023, Kumal Petroleum Holdings, the national oil company of Papua New Guinea, said it was in talks with the developers of Papua LNG and Papua New Guinea LNG Terminal regarding the development of its own 1-mtpa train at the Papua LNG complex. Apr 8, 2024 · TotalEnergies has postponed a final investment decision on the planned Papua LNG project in Papua New Guinea to 2025, from an earlier expected date of this year, according to the joint statement relea The construction of three electric LNG processing trains at the LNG plant at Caution Bay and the reinjection from day one of carbon dioxide from producing wells into the reservoirs (Elk and Antelope in Gulf Province), are two key technical choices made by TotalEnergies to lower the greenhouse gas emissions of the project. The Prime Minister and Patrick Pouyanné agreed that this slight delay will not affect the early works planned in Papua New Guinea in 2024 and that the project will maintain its full support to local population of Gulf Province. . The Project will have an LNG export volume of 5. Mar 20, 2023 · JGC and Hyundai Engineering & Construction have secured a downstream front-end engineering design (FEED) estimation contract from ExxonMobil for the Papua LNG project in Papua New Guinea. engineering studies for the Papua LNG project Paris, March 7, 2023 –TotalEnergies, operator of the project, announces the launch of the fully integrated Front-End Engineering and Design (FEED) for the Papua LNG project. 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. Apr 8, 2024 · As a consequence, FID of Papua LNG project is now expected in 2025. Partnering with ExxonMobil (37. 6 million tonnes per year (Mt/y). 1% stake), aims to unlock Papua New Guinea’s vast gas resources, estimated at over 1 billion barrels of oil equivalent. The Papua LNG project will be an exemplary project in its deployment, paying particular attention to the environment and biodiversity, while respecting the rights of the Nov 17, 2023 · LNG facilities accounting more than 30% of world LNG production have been under JGC Group. May 5, 2023 · Moreover, Papua New Guinea may exercise a back-in right of up to 22. Mar 17, 2023 · The Project calls for the design of approximately 4 million tons per year of LNG liquefaction capacity adjacent to the existing PNG LNG processing facilities located 20 kilometres northwest of Port Moresby, Papua New Guinea, with the natural gas to be sourced from the Elk Antelope gas field. 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). pgg xxnrc qxm bgaon mda ztwj bpr tjpvv jlmaxh mgqo jhgeyzb fqa tikc frw ycyj