PNG LNG

PNG LNG

PNG LNG Inc is the Bahamas-based parent holding company of Liquid Niugini Gas Ltd, operator of an LNG natural gas liquefaction project in Papua New Guinea.

Technical description

The LNG plant will be built adjacent to the oil refinery owned by InterOil near Port Moresby. The LNG plant will consist of one processing train with nominal capacity of 5 million tonnes with option to add second train to increase total capacity up to 9 million tonnes of LNG and 1 million tonnes of natural gas liquids per year.cite news | url = http://www.upstreamonline.com/incoming/article131988.ece | title = InterOil lays groundwork at LNG facility | publisher = Upstream Online | date = 2007-04-26 | accessdate = 2007-08-03] cite news | url = http://www.upstreamonline.com/live/article150321.ece | title = Liquid Niugini LNG races on | publisher = Upstream Online | date = 2008-03-10 | accessdate = 2008-03-10] It will be supplied with natural gas from Elk and Antelope gas and condensate fields by convert|36|in|mm|-1 natural gas pipeline. The preliminary engineering and evaluation design work were done in spring 2007. The plant will use ConocoPhillips' proprietary natural gas liquefaction technology (Optimized CascadeSM Process) and it is to be constructed by Bechtel.cite news | url = http://www.upstreamonline.com/live/article149498.ece | title = Bechtel wins PNG gas plant race | publisher = Upstream Online | date = 2008-02-28 | accessdate = 2008-03-01]

The project is expected to cost US$5 billion to US$7 billion. The first cargo of LNG is planned to be delivered in 2012.cite news | url = http://www.rigzone.com/news/article.asp?a_id=44405 | title = Papua New Guinea Endorses InterOil's LNG Project | publisher = Rigzone | date = 2007-04-26 | accessdate = 2007-08-03]

Project company

PNG LNG Inc is owned equally by InterOil Corp., Merrill Lynch Commodities, Inc., and Pacific LNG Operations Ltd. There are provisions for the entry of strategic partners, and for inclusion of the Government of Papua New Guinea.cite news | url = http://www.downstreamtoday.com/(S(5r3dhwmju1vcex55jpscln45))/News/Articles/200708/Trio_to_Develop_Papua_New_Guinea_LNG_Pro_5191.aspx | title = Trio to Develop Papua New Guinea LNG Project | publisher = Downstream Today | date = 2007-08-01 | accessdate = 2007-08-03]

References


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • PNG Gas — The PNG Gas is a project to develop the Hides gas field in the Southern Highlands of Papua New Guinea, and to construct a natural gas liquefaction plant. HistoryOriginally it was planned to transport the gas to Australia via convert|4000 |km |mi… …   Wikipedia

  • List of LNG terminals — Liquefied natural gas is used to transport natural gas over long distances, often by sea. In most cases, LNG terminals are purpose built ports used exclusively to export or import LNG. Existing liquefaction terminals Africa* Sonatrach plant,… …   Wikipedia

  • Liste de terminaux méthaniers — Le gaz naturel liquéfié est utilisé pour le transport du gaz naturel sur de grandes distances et essentiellement par voies maritimes. Souvent, le port méthanier est construit pour l importation (terminal de regazéification) et l exportation… …   Wikipédia en Français

  • Oil megaprojects (2013) — This page summarizes projects that propose to bring more than 20,000 barrels per day (3,200 m3/d) of new liquid fuel capacity to market with the first production of fuel beginning in 2013. This is part of the Wikipedia summary of Oil… …   Wikipedia

  • Clough Limited — Type Public (Listed ASX:CLO) Industry Engineering, construction and asset support contractor primarily to the upstream Oil Gas industry Founded 1919, Perth, Western Australia Headquarters Perth, Western Australia …   Wikipedia

  • Timeline of largest projects in the Russian economy — Moscow International Business Center under construction …   Wikipedia

  • Gorgon gas project — Location of some of the Greater Gorgon gas fields in relation to Barrow Island and the adjacent coastline Location …   Wikipedia

  • Papua New Guinea — <p></p> <p></p> Introduction ::Papua New Guinea <p></p> Background: <p></p> The eastern half of the island of New Guinea second largest in the world was divided between Germany (north) and the UK… …   The World Factbook

  • Petroleum industry in Western Australia — Western Australia s share of Australian gas reserves The petroleum industry in Western Australia is the largest contributor to Australia s production of most petroleum products.[1] Based largely on development of the reserves of the North West… …   Wikipedia

  • Städte in der Ukraine — Übersichtskarte der Ukraine Die Liste der Städte in der Ukraine bietet einen Überblick über die Entwicklung der Einwohnerzahl der größeren Städte der Ukraine. Aufgeführt ist auch eine Liste der Städte nach Verwaltungseinheiten. Inhaltsverzeichnis …   Deutsch Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”