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After a year of delay because of Covid-19, the Government of PNG and Total as Operator have announced the remobilization of the project teams and of other required resources for the Papua LNG project. The objective is to launch the FEED early 2022 and to prepare for final investment decision in 2023.
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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 ...
France's Total hopes to move to a final investment decision on the planned two-train 5.6 million mt/year capacity Papua LNG project in Papua New Guinea in 2023, it said May 5, as it begins to remobilize project teams after a one-year delay due to COVID-19. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Papua LNG -- which will take gas from the Elk and Antelope gas fields -- will move to the front-end engineering and design (FEED) stage in early 2022, Total said. "I confirm that this project is ranking very high in Total's por...
(0) Regulatory News: A meeting took place on 3rd of May between Patrick Pouyanné, Chairman and CEO of Total (Paris:FP) (LSE:TTA) (NYSE:TOT), 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 remobilization of the project teams and of other required resources. The objective is to launch the FEED early 2022 and to prepare for final investment d...