Projects

Papua LNG

Awaiting FIDPapua New Guinea·Liquefaction (Export)

Project Details

CountryPapua New Guinea
LocationCaution Bay, Central Province
Terminal TypeLiquefaction (Export)
Rig TypeOnshore
Capacity4 mtpa / 5.4 bcm
Trains2
Start Date01-Jan-2028
Cost (US$bn)15
Origin
Destination
OwnersTotalEnergies SE [Operator] {France}, ExxonMobil {United States}, Santos Limited {Australia}
Buyers

Status Notes

April 2026 - TotalEnergies has selected JGC Corporation and Hyundai Engineering & Construction as EPC contractors for the project; January 2025 - Final investment decision for the project is expected in 2026; June 2023 - TotalEnergies has sold a small stake to JX Nippon Oil & Gas Exploration in the project; As per December 2021, Santos Limited has reported that the merger of Santos Limited and Oil Search Limited effected by way of scheme of arrangement has been implemented; TotalEnergies and its partners ExxonMobil and Oil Search have signed the Gas Agreement with the Independent State of Papua New Guinea defining the fiscal framework for the project in April 2019

Last reviewed: 07 Apr 2026