Gas projects in Papua New Guinea are extremely viable, despite the downturn in oil and gas prices, the Managing Director of Oil Search, Peter Botten, has told the 2015 PNG Advantage Investment Summit in Brisbane.
Search Results for: Papua LNG
Papua New Guinea LNG projects viable, despite low commodity prices, says Oil Search’s Botten
Welcome,
2 Sep 2015 by Leave a Comment
In brief: India expresses interest in buying Papua New Guinea LNG, and other business news
Welcome,
27 Aug 2015 by
O’Neill says India keen to buy PNG gas, industry divided over vegetable import ban, and Konebada Petroleum Park Authority signs feasibility study deal. Your weekly digest of the latest business news.
PICSA Group CEO expects second Papua New Guinea LNG plant to boost company growth
Welcome,
15 Jul 2015 by 1 Comment
We’re the biggest company in Papua New Guinea you’ve never heard of, according to John Uthmann, CEO of PICSA Group PNG, and we are aiming to grow bigger.
LNG sales drives massive rise in Papua New Guinea exports in 2014
Welcome,
8 Jul 2015 by Leave a Comment
Exports from Papua New Guinea rose 64 per cent in value during 2014 to K21,903.6 million, largely due to the start of LNG production, according to the Bank of Papua New Guinea.
Selecting sites for second Papua New Guinea LNG plant ‘difficult’, says Total’s Philippe Blanchard
Welcome,
8 Jul 2015 by Leave a Comment
The selection of the two key sites to develop Papua New Guinea’s Elk Antelope LNG fields was a difficult task, requiring a full set of studies to reach a decision, according to Philippe Blanchard, the Managing Director of Total PNG, the lead operator of the project.
Papua New Guinea’s second LNG processing site to be located near first LNG site
Welcome,
8 Jul 2015 by 17 Comments
The partners in Papua New Guinea’s second LNG plant have chosen Caution Bay as the processing site for the Elk-Antelope project, paving the way for close cooperation with the nearby ExxonMobil PNG LNG venture.
Analysis: fall in LNG prices prompts call for Papua New Guinea mini-Budget
Welcome,
13 May 2015 by Leave a Comment
The impact of the fall in LNG prices since the 2015 Budget was prepared in October last year warrants a mid-year mini-Budget, according to prominent economist Paul Flanagan.
Opinion: falling LNG revenues require a new strategy for the Papua New Guinea economy
Welcome,
15 Apr 2015 by 2 Comments
The fall in global oil and gas prices will reduce the Papua New Guinea government’s revenue by at least K1.1 billion in 2016. A new Budget strategy is needed, argue economists Stephen Howe and Paul Flanagan, who suggest a solution may lie in the government selling its Oil Search shares.
InterOil chief positive about Papua New Guinea’s role as LNG provider, despite oil prices fall
Welcome,
25 Feb 2015 by 1 Comment
Papua New Guinea is well positioned to benefit from rising LNG demand, despite falling prices, says InterOil Managing Director, Michael Hession.
Concept for Papua New Guinea’s second LNG project set for June release, says Total’s MD
Welcome,
18 Feb 2015 by 1 Comment
Last week, independent arbitration upheld InterOil’s decision to sell a gross 40% shareholding in the Elk-Antelope LNG project to French super major, Total SA. Total’s Managing Director in PNG, Philippe Blanchard, talks exclusively to Business Advantage PNG about the arbitration result and Total’s plans for the project.
Recent readers’ comments