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PNG LNG start-up signals the beginning of a new wave of Australasian LNG

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28 May 2014

PNG LNG start-up signals the beginning of a new wave of Australasian LNG

Report summary

Papua New Guinea LNG (PNG LNG) shipped its first LNG cargo to Japan on 26 May 2014. Operator ExxonMobil had targeted start-up in H2 2014, but an aggressive commissioning schedule has seen both trains brought online in consecutive months, well ahead of expectations and unprecedented for the industry. The key challenge will now be to maintain facility uptime, to ensure that the partners realise the full potential of this accelerated value.

Table of contents

  • Executive Summary
  • PNG LNG - FID to first gas
  • Overcoming the PNG challenge
  • The importance of production reliability
  • What next for the PNG LNG joint venture?

Tables and charts

This report includes 5 images and tables including:

  • PNG LNG plant, upstream acreage and potential expansion fields
  • PNG LNG start-up signals the beginning of a new wave of Australasian LNG: Table 1
  • LNG project delays for projects starting 2009-2014
  • Effect of start date variation on Total PV
  • Effect of facility uptime on Total PV

What's included

This report contains:

  • Document

    PNG LNG start-up signals the beginning of a new wave of Australasian LNG

    PDF 689.95 KB

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