Papua New Guinea LNG Terminal

Summary Information

• Ownership:
  • ExxonMobil 33.20%(Operator)
  • Santos 29.00%
  • Santos 13.53%
  • Merlin (Nippon Oil/Marubeni) 4.68%
  • PNG Government, Land Owner (19.58%)
• Website: http://www.pnglng.com/
  • Exxon Mobil LNG Terminals
• Location: Port Moresby Papua New Guinea
• Capacity: 6.3 million tonnes per annum
• Status: In operation

Ongoing Projects/Project Status

• The project was completed in 2014
• Major Contractors:
  • **Chiyoda Corporation and JGC Corporation: ** FEED & EPC as well as gas treatment
  • **Clough Curtain Joint Venture (CCJV)** has received work orders worth AU$209m associated with the PNG LNG Upstream Infrastructure contract
  • **GE** will provide gas turbines and centrifugal compressors
  • **Saipem:** Engineering, transportation and installation of a 407 kilometres-long 34” gas sealine
  • **Mott MacDonald:** Power system studies
  • **Process Group:** Fuel Gas Package & 3 x 100 MMSCFD TEG Dehydration Packages- TEG circulation rate 45 USGPM
• First LNG sales we made in 2014
• The Papua LNG Terminal Project is an extension of this terminal

Customers / Suppliers

• Customers
  • CPC Corporation, Taiwan, has a contract to purchase 1.2 million tons of LNG annually
  • Osaka Gas Company Limited
  • The Tokyo Electric Power Company, Inc.
  • Unipec Asia Company Limited, (a subsidiary of China Petroleum and Chemical Corporation (Sinopec). )
• Suppliers
  • The Project proposes to commercialize natural gas from onshore gas fields as well as associated gas from crude oil fields.
  • Fields include Hides Gas Field
  • The gas is transported via a 750km pipeline to an area near Port Moresby where LNG liquefaction facilities were constructed.

History

• 2008 - Nippon acquires the shares of AGL Energy
• 2009 - The final investment decision on PNG LNG Project
• 2009 - Saipem awarded pipeline contract
• 2011 - Marubeni became a shareholder
• 2013 - Project 90% completed
• 2014 - Production started
• 2021 - Santos and Oil Search merged making Santos a larger partner

Other Information

• The PNG LNG Project will produce associated liquids which will be exported via the Kumul Marine terminal
• JBIC supported the project with a loan of 1.8 billion US dollars

Links

1. Chiyoda LNG References
2. Process Group Oil And Gas Processing References
3. Project Home Page
4. Project Information from Oil Search
5. PNG LNG Project Approves Engineering, Procurement and Construction Contracts
6. Papua New Guinea LNG Project Clears Final Conditions to Proceed
7. CPC, PNG LNG Purchase Agreement Signed
8. The final investment decision on PNG LNG Project
9. Acquisition of LNG Project and Oil Field Equity in Papua New Guinea
10. PNG LNG Project and CPC Finalise Sale and Purchase Agreement
11. Osaka Gas in agreement to purchase LNG from Papua New Guinea
12. GE Oil & Gas Awarded Contracts To Supply Papua New Guinea LNG
13. Mott MacDonald carries out power system studies in Papua New Guinea
14. Project Finance for LNG Project in Papua New Guinea
15. Saipem wins two new offshore contracts in South East Asia worth US$ 450 million
16. Clough Curtain JV awarded $209m Work Order for PNG LNG Project
17. Clough AMEC awarded Oil Search Kumul Marine Terminal Contract
18. Acquisition of Interests of the LNG Project and Oil and Gas Fields in Papua New Guinea
19. PNG LNG project update
20. Clough Curtain JV awarded $75m Work Order for PNG LNG Project
21. First PNG LNG Project Delivery on Track for Second Half of 2014
22. PNG LNG Onshore Pipeline Completed
23. ExxonMobil Starts Production Ahead of Schedule at PNG LNG Project
24. ExxonMobil Ships First Cargo from PNG LNG Project
25. Santos And Oil Search Merger Becomes Effective