LNG

PNG government starts payments to landowners for LNG project

The government of Papua New Guinea has started to pay local landowners royalties from the PNG LNG project.
By Staff reporter 13 September 2017 0 27568

The government of Papua New Guinea has started to pay local landowners royalties from the PNG LNG project, Reuters reported on Wednesday.

“Important progress has been made with the government of PNG commencing payment of royalties to relevant landowner groups around the PNG LNG Plant near Port Moresby,” ExxonMobil PNG said in emailed comments to Reuters on Wednesday.

Unpaid royalties from the liquefaction plant, which began exporting more than three years ago, amounted to around $300 million, Interfax Natural Gas Daily reported at the end...