Papua New Guinea expects the US$14.5 billion (approximately K58 billion) Papua LNG Project to reach a final investment decision (FID) before the end of 2026, as the government accelerates petroleum sector reforms aimed at attracting investment and expanding production. Petroleum Minister Jimmy Maladina announced the update during the PNG CORE National ...

The National Government has strengthened representation for communities affected by the Papua LNG project, with Petroleum Minister Jimmy Maladina assuring landowners and local leaders that every impacted district and province will have a voice during the Papua LNG Development Forum. Speaking at APEC Haus on Wednesday, 8 July, the Minister outlined the ...

Ok Tedi Mining Ltd (OTML) has committed K30 million under Papua New Guinea's Tax Credit Scheme to help fund the construction of the Sisimakam–P'nyang Road, a strategic infrastructure project that will provide road access to the proposed P'nyang LNG development. The 32-kilometre road carries an estimated cost of K150 million and is primarily financed th...

Papua New Guinea has welcomed the start of a major offshore oil and gas exploration campaign near Kupiano in Central Province, with Prime Minister James Marape saying the investment underscores international confidence in the country's energy sector. The exploration programme, led by TotalEnergies and its partner Petronas, involves the drilling vessel ...

ExxonMobil PNG Limited (EMPNG) recently marked a decade of biodiversity partnership under the PNG LNG Project, bringing together government representatives, conservation partners and stakeholders to celebrate progress and reaffirm a shared commitment to protecting the country's rich natural heritage. The mini-expo, held at Port Moresby Nature Park to c...

The upstream and downstream operators of the Papua LNG Project have been issued amended environmental permits by the Conservation and Environment Protection Authority (CEPA), following more than seven months of consultation between the regulator and project operators. The amended permits were presented on May 29, 2026, following extensive discussions i...

Hiri-Koiari MP Keith Iduhu has called for changes to the governance structure of the PNG LNG project's Kroton Equity Option (KEO), arguing that landowners hosting the project's liquefaction plant have been excluded from decision-making despite their contribution to Papua New Guinea's largest resource development. Speaking in Parliament on 3 June 2026, ...

Papua New Guinea is preparing to enter a new frontier in offshore petroleum exploration, with the country's first ultra-deepwater exploration well scheduled to be drilled within the next two months offshore between Central and Milne Bay provinces. The Mailu-1 exploration well, jointly developed by TotalEnergies EP Kundu Limited and PETRONAS, is regarde...

Prime Minister James Marape on 4 June led a high-level government delegation to Kikori in Gulf Province to inspect the proposed venue for the Papua LNG Development Forum and consult local leaders ahead of the anticipated gathering next month. Joining Marape on the visit were Gulf Governor Chris Haiveta, Petroleum Minister Jimmy Maladina and Finance Min...

Prime Minister James Marape says Papua New Guinea is poised for a prolonged period of economic growth and investment, underpinned by a pipeline of major resource projects led by Papua LNG, Wafi-Golpu and P'nyang. Marape said the country's energy sector would remain a central driver of economic activity over the next decade, generating employment, busin...

Kumul Petroleum Holdings Limited, or KPHL, has launched a renewed push to strengthen governance, transparency and accountability across its operations following a strategic alignment workshop that brought together the company's board, senior executives and technical managers in Port Moresby. The workshop, held at the Grand Papua Hotel, coincided with t...

A new classroom and staff housing project is underway in the remote Baina community in Gulf Province as part of efforts to improve access to education within the PNG LNG pipeline corridor. Located along the Kikori River near the border with Southern Highlands Province, Baina Village is one of the most isolated communities in the project area, accessibl...

Kumul Petroleum Holdings Limited says it is seeking to advance smaller gas discoveries toward commercial development as Papua New Guinea moves to position itself within the global energy transition. Speaking at the 41st Australia Papua New Guinea Business Forum and Trade Expo in Brisbane, Kumul Petroleum Chairman Gerea Aopi said Papua New Guinea still ...

Fuel suppliers represented by the Papua New Guinea Chamber of Resources & Energy (PNG CORE) said they would transition to market-based pricing effective May 15 following delays and uncertainty surrounding the government’s fuel subsidy reimbursement program. In a statement, PNG CORE, which represents the country’s fuel importers and suppliers, ackno...

Kumul Petroleum Holdings Limited has announced an upcoming change in board leadership, with chairman Gerea Aopi, MBE, set to hand over the role to fellow director Isaac Lupari, CBE GCL, effective May 19. The transition follows requirements under the Kumul Petroleum Holdings Limited Act, which mandates the retirement of directors upon reaching the age o...

Santos has announced a final investment decision (FID) to proceed with the Agogo Production Facility (APF) Tie-In Project in Papua New Guinea following approval by the PNG LNG joint venture, with first gas targeted in the second quarter of 2028. The brownfield development will involve the installation of a new 19-kilometre pipeline linking the Santos-o...