|  | | The PNG LNG Project | | The PNG LNG Project is a joint venture between ExxonMobil, (Esso Highlands) as Operator, Oil Search, Nippon Oil, Santos, AGL and MRDC (a PNG company representing landowner interests).
The Project proposes to commercialise the undeveloped petroleum resources in the Hides, Angore and Juha fields and the associated gas resources in the currently operating oil fields of Kutubu, Agogo, Gobe and Moran in the Southern Highlands and Western provinces of PNG.
The gas will be conditioned for transportation by pipeline to an LNG facility 20 kilometres northwest of Port Moresby on the coast of the Gulf of Papua. There, the gas will be liquefied and the resulting LNG product (approximately 6.3 million tonnes per annum) loaded onto ocean going LNG tankers and shipped to gas markets overseas.
| | | | | Media Releases | | | | PNG LNG Project - Gas Agreement Signed & Project Enters FEED
22 May 2008 - Port Moresby – Esso Highlands Limited, an Exxon Mobil Corporation subsidiary, (ExxonMobil) as Operator of the PNG LNG Project, announced that the joint venture participants and the PNG State have formally signed and executed a Gas Agreement. Following the signing of the Agreement, ExxonMobil announced that the joint venture participants have formally taken the decision to enter the next stage of project development, Front End Engineering and Design (FEED).
PNG LNG Project - Joint Operating Agreement Signed & Economic Impact Study Released
14 March 2008 - Esso Highlands Limited, an Exxon Mobil Corporation subsidiary, as Operator of the PNG LNG Project (ExxonMobil), today announced that the joint venture participants have formally signed and executed a Joint Operating Agreement (JOA).
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| | | | | Publications | | | | PNG LNG Project Brochure
An overview of the PNG LNG Project.
ACIL Tasman "PNG LNG Economic Impact Study"
This study was commissioned by the PNG LNG Project and prepared by independent economic consultants, ACIL Tasman, to assist the Project and the PNG Government to understand and plan for the significant economic impact should the Project proceed.
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