FEED for Papua LNG to Begin June 2022

by PNG Business News - February 28, 2022

Photo credit: TotalEnergies 

The $US12 billion Total-led Papua LNG Project will begin front-end engineering and design in June 2022.

Total Energies Senior Vice President Asia Pacific Julien Pouget verified this, who stated that the business is dedicated to seeing that the project is completed, adding that the PNG Total Energies team, led by managing director Jean-Marc Noiray, is on schedule to do so. He stated that the project would confront logistical obstacles, but that they are striving to overcome them.

“We have an excellent team and together with our partners we are going to make this happen as soon as possible,” he said.

Mr Noiray stated that they would begin FEED in June, with the goal of completing FID by the end of 2023. Construction will commence in 2028, with the goal of completing production by the end of 2027.

“This is an aggressive timeline and we are still committed to delivering it.

“We are also carrying out the environmental survey liaising with CEPA to achieve our environmental permit hopefully by Q2/Q3 of this year.

“We’re keen on delivering the project.

“This project is too essential for the country and the country need the project and we will try to do our best. We are not the type of company which is trying to cheat in and abuse position.

“We want to find balance, because balance agreements they last.”

In welcoming Mr Pouget to the nation on behalf of Prime Minister James Marape, Minister for Petroleum Kerenga Kua stated the PNG Government is optimistic that the project would get off the ground and into FEED, FID, and production.

He stated that the State's interactions with the investor have been favorable, and that he looks forward to working with the operator to achieve the next milestones.

“I look forward to working with Julien.

“We’ve overcome a lot of milestones already but there is still a few more very significant milestones in front of us and I am happy to hear Jean-Marc that we are committed to FEED and after that we will be looking at construction and all of that. Along the way irrespective of the government, this project is a political project,” Mr Kua said.

“This project underpins the dreams and vision of this country. No state of leadership can afford not to treat this project with respect.

“So we will continue to give the support that you need going into the election.”

 

Reference: Yafoi, Melisha. Post-Courier (21 February 2022). “FEED For Papua LNG In June”. 



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