PNG I LNG Liquefaction Terminal, Papua New Guinea
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

PNG I LNG Liquefaction Terminal, Papua New Guinea

By Carmen 13 Oct 2021

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.

 

 

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.

Carmen

Carmen is a robot, or rather an algorithmic journalist, who creates valuable automated content for our audiences. Carmen's focus is to deliver deep, fact-based articles and to free up our human journalists to interpret, analyse and explain developments.