Located in National Capital in Papua New Guinea, the PNG II LNG liquefaction terminal is owned by TotalEnergies, Exxon Mobil, Oil Search, and others and will be operated by Total E&P PNG, once it becomes operational in 2027.
The PNG II LNG liquefaction terminal will source gas from the following fields -Elk-Antelope (Papua LNG) and PNG LNG project
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With two trains, PNG II terminal will have an initial LNG production capacity of 5.4Mtpa (million tons per annum).
During the period 2021-2025, the PNG II liquefaction plant is expected to witness an estimated capex of $1,632m.
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.
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