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
29 January 2026
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
