Located in National Capital in Papua New Guinea, the PNG I LNG liquefaction terminal is operated by ExxonMobil PNG. The terminal started operations in 2014 and is owned by Exxon Mobil, Oil Search, Kumul Petroleum Holdings, Santos, JX Nippon Oil & Gas Exploration, Mineral Resources Development, and Marubeni.
The PNG I LNG liquefaction terminal sources gas from the following fields – Gobe Main, Greater Moran Unit, Kutubu, P’nyang, and PNG LNG project
With two trains, the PNG I terminal has an LNG production capacity of 6.9Mtpa (million tons per annum), which is expected to remain the same as 6.9Mtpa by 2030.
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By GlobalData
Approximately 113.77% of the installed capacity is committed through long-term contracts, which amounts to roughly 7.85Mtpa.
Methodology
Information on the terminal is sourced from GlobalData’s LNG Liquefaction database that provides detailed information on all active and upcoming, LNG liquefaction terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.
