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Advertisement A meeting took place on 3 May between Patrick Pouyanné, Chairman and CEO of Total, and a Delegation of Papua New Guinea (PNG) led by the Deputy Prime Minister Samuel Basil, with the objective to review together the next steps for the development of the Papua LNG project. After a year of delay because of COVID-19, the Government of PNG and Total as Operator are pleased to announce the remobilisation of the project teams and of other required resources. The objective is to launch the FEED early 2022 and to prepare for final investment decision in 2023. This positive development follows the signature and the reconfirmation of the Papua LNG Gas Agreement in 2019, the signature of the Fiscal Stability Agreement and the award of the License extension in February 2021. ....
Total plans Papua LNG FID in 2023 May 6, 2021, by Sanja Pekic French major Total has revitalized its plans for the Papua LNG project, eyeing to launch the FEED in early 2022 and to reach the final investment decision in 2023. Courtesy of Oil Search Chairman and CEO of Total Patrick Pouyanné and a Delegation of Papua New Guinea (PNG) led by the deputy prime minister Samuel Basil attended the meeting on 3 May to review remobilization and the planning of the Papua LNG Project. The project was delayed for a year because of Covid-19. The objective is to launch the FEED in early 2022 and to prepare for final investment decision in 2023. ....
Total revives Papua New Guinea LNG plan May 5, 2021 9:18:am Summary The new spirit of co-operation with the government should bring a final investment decision in a few years. by: William Powell Posted in: Total revives Papua New Guinea LNG plan French energy company Total and Papua New Guinea (PNG) have remobilised the Papua LNG project following talks in Paris May 3 between CEO Patrick Pouyanne and deputy prime minister Samuel Basil. After a year of delay because of Covid-19, the government of PNG and Total as operator are pleased to announce the remobilisation of the project teams and of other required resources, Total said. The objective is to launch the front-end engineering and design early next year and to prepare for final investment decision in 2023. ....