A portion of the existing gas pipeline in the Highlands
Papua LNG targets 2024 FID
The Pacific nation’s second liquefaction development will overlap significantly with the existing PNG LNG project
TotalEnergies and partners expect to take FID on the 6mt/yr Papua LNG project in early 2024 and start production before the end of the decade. The scheme will be Papua New Guinea’s second LNG development and is closely tied into the existing, ExxonMobil-led 8.3mt/yr PNG LNG facility. "We are progressing towards the [Papua LNG] FID, completing the engineering design of the project with an FID targeted early next year,” said Nicolas Terraz, TotalEnergies’ president for exploration and production. That projected FID date fits with previously announced plans to start production in 2028. Additionally, Terraz stated that “we are not far” from concluding “oil-linked project contracts” for the devel
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
