Liquified Natural Gas (LNG)

Petroleum Minister Jimmy Maladina wants Papua LNG Project to start in 2024

Gulf, Jimmy Maladina, Liquified Natural Gas (LNG) / By

Port Moresby, January 30, 2024 – Petroleum Minister Hon. Jimmy Maladina today expressed his strong desire to see the Papua LNG Project in Gulf start this year, following the Final Investment Decision (FID) by developer Total Energies Minister Maladina conveyed this determination after embarking on his inaugural visit to the project’s footprint areas in Gulf …

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PM Marape: Those responsible for K900 million loss to be prosecuted

Economy, Liquified Natural Gas (LNG), Prime Minister James Marape / By

APRIL 20 2022 Prime Minister Hon. James Marape says the Government will prosecute all those responsible for almost K1 billion losses to Papua New Guinea, including former prime minister Peter O’Neill. He said this after today’s (April 20 2022) landmark session of Parliament in which he presented the report on the Commission-of-Inquiry (COI) into the …

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Twenty20 Energy to build 66MW, gas-fired power plant in Hela

Hela, Liquified Natural Gas (LNG), PNG Power Ltd / By

APRIL 18 2022 SINGAPORE–(BUSINESS WIRE)–Twenty20 Energy Systems today announced plans to design, build and maintain a 66MW, gas-fired power plant in Papua New Guinea’s Hela province on behalf of Dirio Gas & Power Company Ltd. The Hela power plant is the newest investment project in the power generation business for Dirio Gas & Power, which …

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Asian Development Bank: PNG economic growth to be 3.4% in 2022 and 4.6% in 2023

Asian Development Bank, Economy, Liquified Natural Gas (LNG) / By

APRIL 6 2022 Economic growth in Papua New Guinea is expected to accelerate steadily to 3.4% in 2022 and 4.6% in 2023 as activity in mineral extraction picks up and more normal global economic conditions return, according to the Asian Development Bank’s Asian Development Outlook 2022 (ADO) released today (April 6 2022). “The Porgera gold …

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