Posts Tagged ‘ png lng ’

PNG’s Huge Gas Profits at Risk

PNG’s Huge Gas Profits at Risk

By Damian Baker Joint venture partners in Papua New Guinea’s liquefied natural gas (LNG) development announced the go ahead of one of the country’s largest resources projects in a statement earlier this week. The AU$16.5 billion project will proceed, subject to the signing of final agreements. The consortium of companies involved in the operation...

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Is Gas the Latest Cargo for PNG?

Is Gas the Latest Cargo for PNG?

By Damian Baker: The Liquefied Natural Gas (LNG) project is the biggest of its type in the history of PNG. Oil was found in the southern highlands 20 years ago but gas has emerged as the energy hope for the future. An Australian company, Oil Search, is in the process of developing its gas...

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