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  • 30t per day sunflower oil refine line monaco in Papua New Guinea
  • 30t per day sunflower oil refine line monaco in Papua New Guinea
  • 30t per day sunflower oil refine line monaco in Papua New Guinea

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  • How much gas will Papua LNG produce?
  • More than 9 trillion cubic feet of gas is expected to be produced over the PNG LNG’s 30-year life. A second major project is the proposed US$13 billion Papua LNG project, which is headed by French major Total. The project will use gas supplied from the Elk-Antelope fields located in the Gulf Province.
  • Is Papua New Guinea a leader in the gas industry?
  • Papua New Guinea became a significant player in the gas industry in April 2014, when the PNG LNG project, which is headed and operated by ExxonMobil, commenced production. In its first year of production, the US$19 billion project produced over 6 million tonnes of LNG and delivered 87 cargoes.
  • When was oil discovered in Papua New Guinea?
  • Petroleum exploration in Papua New Guinea started before World War 1. However, drilling only moved inland with the advent of the large helicopter in the 1960s. The first commercial oil discovery was made in 1986 and the first production in 1992. In recent years, PNG’s crude oil output has been in a slow, but steady, decline.
  • Does PNG have a crude oil industry?
  • In recent years, PNG’s crude oil output has been in a slow, but steady, decline. The petroleum industry in PNG is governed by the Oil and Gas Act 1998 under the administration and management of the Department of Petroleum and Energy (DPE).
  • When will Papua LNG start operating?
  • Papua LNG is now predicted to begin operating in 2030 following delays with EPC [engineering, procurement and construction] costs. A related proposed project is the P’nyang field, which is located 130 kilometres northwest of Hides, the main PNG LNG field in the Highlands.
  • How do I apply for a petroleum license in PNG?
  • All applications for PPL, PRL or PDL must be submitted to the Director of the Department of Petroleum and Energy. The Minister will, after considering a report from the Petroleum Advisory Board (PAB), make a decision about the application. The petroleum licenses regime in PNG is currently under review.

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