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A compelling case for more LNG from PNG

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13 August 2015

A compelling case for more LNG from PNG

Report summary

The next wave of LNG from Papua New Guinea will be very competitive on a global basis. The breakevens of PNG LNG Train 3 and Papua LNG are lower than many higher profile projects in Australia, North America and East Africa. In an environment where subdued LNG prices and capital constraints are resulting in many projects being deferred or cancelled, this will mean the PNG developments will be well positioned to secure LNG market share from 2022. 

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  • A compelling case for more LNG from PNG: Table 1
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