Project Insights
Papua LNG still aiming for first gas in 2025
Despite earlier delays, Total and Oil Search are expecting to enter FEED on their $14-billion Papua LNG project around year-end Despite earlier delays, Total and Oil Search are expecting to enter FEED on their $14-billion Papua LNG project around year-end.
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Total’s Papua LNG project secured government support on 16 October when Papua New Guinea’s parliament finally passed 10 bills relating to taxes, tariffs, insurance and price regulations as part of the Papua LNG gas agreement.
Speaking at its Q3 results this week, Oil Search’s outgoing managing director, Peter Botten, called the parliamentary clearance “a major step forward for the project”.
The fact that FEED is now in sight is a significant development for a project that had looked in jeopardy until just a few...
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