February 19th • 2 min read
#Career #People #International mobility #Visa and work permit #Papua New Guinea
Natural Resource Project Forging Ahead in PNG
As we face the pressures of climate change, there’s good news on the horizon. The Papua New Guinea (PNG) government signed a deal with France’s Total SA for the Papua LNG Project last Tuesday. The agreement over fiscal terms for development was a long time coming and may (subject to a green light on the FID) unlock over 1 billion barrels of oil equivalent of natural gas resources. The Papua LNG Project will be fed by the Elk Antelope gas fields and has the capacity to produce 5.4M tonnes per year with two LNG trains (added to the two existing ones located at the PNG LNG facility area in the vicinity of Port Moresby) each with a capacity of 2.7M annually.
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