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PNG Liquefied Natural Gas (LNG) Project

Plant Location

Port Moresby, Papua New Guinea

Products

LNG, LPG and condensate

Plant Start-Up

April 2014

Production

Two trains with a combined capacity of 6.6 million tons a year

Estimated Project Cost

$15bn

Operator

Esso Highland

Partners

ExxonMobil 33.2%, Oil Search (Australian oil and gas producer - 29%), Santos (13.5%), Nippon Oil (4.7%), National Petroleum Company PNG (PNG Government – 16.6%), Mineral Resource Development Corporation (2.8%), Petromin PNG Holdings (0.2%)

Financial

Merrill Lynch Global Commodities (Europe), Pacific LNG

Contractors

InterOil, ACIL Tasman, Bechtel and ConocoPhilips

Infrastructure Contractor

Clough Curtain JV (CCJV)

EPC Contractor

Chiyoda-JGC Joint Venture (CJJV)

Sub-Contractor

Daewoo E&C

LNG and Condensate Offloading Jetty Contractor

BAM Clough Joint Venture
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