Total Revives Papua New Guinea LNG Project
By Giulia Petroni
Total SE said Wednesday that it has agreed with the government
of Papua New Guinea to remobilize the teams and resources needed to
move forward with the development of its liquefied natural gas
project in the region.
"After a year of delay because of Covid-19, the government of
PNG and Total as operator are pleased to announce the
remobilization of the project teams and of other required
resources," the French oil-and-gas major said.
The project will target the production of two discoveries
located on block PRL-15, Elk and Antelope. The gas produced from
these fields will be liquefied in two liquefaction trains, which
will be built with a total capacity of 5.6 million tons a year.
Total said it aims to launch a front-end engineering design or
FEED work in early 2022 and prepare for a final investment decision
The company operates the Elk and Antelope onshore fields and is
the largest shareholder of the PRL-15 permit with a 31.1%
Write to Giulia Petroni at firstname.lastname@example.org
(END) Dow Jones Newswires
May 05, 2021 06:35 ET (10:35 GMT)
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