The 800km-long, upcoming Western (Option 2) project will be operated by Kumul Petroleum Holdings. According to GlobalData, who tracks more than 8,000 active and developing pipelines worldwide, the onshore, shallow water gas pipeline, with a maximum diameter of 32 inches, will start in Western Province (Papua New Guinea) and ends in National Capital (Papua New Guinea). Buy the profile here.
The Western (Option 2) project is expected to commence operations in 2026 and will be owned by Kumul Petroleum Holdings.
The Western (Option 2) project is associated with the 407km PNG LNG Offshore and 292km PNG LNG Onshore.
During the period 2021-2025, the Western (Option 2) project is expected to witness an estimated capex of $746.23m.
About Kumul Petroleum Holdings
Kumul Petroleum Holdings Limited (KPHL), a subsidiary of Independent Public Business Corporation, is an oil and gas company that has interest in operates Papua New Guinea (PNG) LNG Project. The company explores, pursue and develop business opportunities in the oil and gas sector of PNG. The joint venture owners of the PNG LNG Project are ExxonMobil, Oil Search, KPHL, Santos, Nippon, MRDC and Petromin. KPHL also has interest in petroleum development licenses (PDL) for PDL 1-Hides, PDL 7-Hides, PDL 8-Angore, and PDL 9-Juha. It also partners with international and local companies in the oil and gas industry which brings growth by employing world class talent and business practices for assessing investment decisions. KPHL is headquartered in Port Moresby, Papua New Guinea.
For more details on the Western (Option 2) gas pipeline, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
