What is the Papua New Guinea project?

The Project is a direct response to the growing need for energy in the Asia Market, which will not only contribute greatly to the economic growth of Papua New Guinea, focusing on people development but a landmark project, in terms of sustainability, carbon footprint optimisation and biodiversity consideration.

What is Papua LNG?

The Papua LNG project will be an exemplary project in its deployment, paying particular attention to the environment and biodiversity, while respecting the rights of the local communities. Papua LNG is a liquefied natural gas (LNG) production project led by TotalEnergies in response to Papua New Guinea’s desire to develop its gas resources.

Does CNOOC own Papua New Guinea?

In Papua New Guinea, CNOOC International holds a position in three exploration Petroleum Prospect Licenses – one onshore and two offshore – through its 70% ownership of PNG Energy Limited.

Will Papua New Guinea's LNG project increase its export capacity?

“The commencement of upstream FEED studies is another significant step towards developing the Papua LNG project, which will increase Papua New Guinea’s LNG export capacity and thus contribute to its further development,” said Julien Pouget, Senior Vice President Asia Pacific for Exploration & Production and Renewables at TotalEnergies.

Why is Papua LNG a good investment?

“The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide, especially for customers in Asia seeking to decarbonize from coal to gas, in line with our strategy to lower global greenhouse gas emissions.”

What can Mayur do for Papua New Guinea?

Mayur is focused on the development of natural resources and renewable energy in Papua New Guinea. carbon credits, iron & industrial sands and renewable energy. This will contribute to nation-building and job creation in a country experiencing a significant growth trajectory.