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Asset Report

PNG LNG Train 3 - commercial overview

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01 February 2021

PNG LNG Train 3 - commercial overview

Report summary

PNG LNG T3 was part of the proposed three-train PNG Expansion project in 2018. The two other trains were part of the Papua LNG project, totalling 8 mmtpa. Two sets of fiscal terms were required to proceed with FEED on the expansion project. A set of terms for the Papua LNG project which was agreed upon in 2019. The P'nyang Gas Agreement is the second set of terms for the P'nyang Area where negotiations have stalled. We think the P'nyang Joint Venture and the PNG Government have ...

Table of contents

  • Key facts
    • Summary
    • Key issues
    • Links to related report
    • Additional Gas Expansion (AGX) project
    • P`nyang Area
    • Muruk
      • Future participation
  • Timeline
  • LNG output
  • LNG contracts
  • Shipping
  • Economic analysis

Tables and charts

This report includes 8 images and tables including:

  • Key facts: Table 1
  • Commercial structure: Image 1
  • Timeline: Table 1
  • LNG output: Image 1
  • Shipping: Table 1
  • Summary economics
  • Index Map
  • PNG LNG Map

What's included

This report contains:

  • Document

    commercial overview

    PDF 12.73 MB