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Petromin presentation on floating LNG facility

September 1st, 2010 · 5 Comments


16164 Joshua Kalinoe LATEST PRESENTATION

Tags: IOC

5 responses so far ↓

  • 1 John // Sep 1, 2010 at 9:25 pm

    How does this make the Land based LNG plant look. Not good. Competition for labor resources… project delays….

  • 2 Harold Chamberlin // Sep 2, 2010 at 12:43 pm

    As my dad used to say,Oh wow.

  • 3 Bruce // Sep 2, 2010 at 2:49 pm

    Interesting! But for those thinking that all LNG operations will be floating in Oreo Bay forget it. IOC and XOM will be in Port Moresby and there will be a shared pipeline with some of IOC’s gas going to the XOM plant. IOC had to convince those in the Port Morseby Provence to share the LNG operations with a smaller plant in Oreo Bay. Port Moresby will not give up the tax revenues and economic development dollars a LNG plant will bring to the region.

  • 4 kencooksam // Sep 2, 2010 at 3:43 pm

    Bruce-The PNG govt is stronger then if has been in the past.Petromin is the PNG government.Compare to US states authority and federal authority in the US.Where these plural plants are located is a federal or a PNG govt /Petromin decision not a province/state decision. To make em all happy I think IOC will have multiple plants.Certainly one in Gulf province and another in Port Moresby.IOC has enough NG to do exactly that.Makes em both happy.FLNG will happen on Gulf province .

  • 5 Bruce // Sep 2, 2010 at 5:00 pm

    Ken, I believe we are in total agreement here. IOC will have a FLNG in Oreo Bay and an onshore plant at Napa Napa. XOM will need IOC gas at their onshore plant near Napa Napa/Port Moresby.