Project Details
CountryPapua New Guinea
LocationCaution Bay, Central Province
Terminal TypeLiquefaction (Export)
Rig TypeOnshore
Capacity6 mtpa / 8.2 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
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: 03 Feb 2026