PNG LNG 90% complete on track for first LNG in 2014

 Published on Friday, 19 July 2013 07:15

Today Santos provided a second quarter activities report for shareholders.  In the report Santos stated the Papua New Guinea LNG project is approaching 90% complete and remains on track for first LNG in 2014. Construction continues to progress at the LNG plant and upstream locations and the workforce has completed over 140 million work hours to date.

Also noted in the Santos activities report: 

The Komo airfield has been in operation since early May, and construction is progressing at the Hides Gas Conditioning Plant. The three gas turbine generators, the main low voltage switch room, the instrument air receiver, the air compressor skids and the flare knockout drum have all been received and set onto foundations. Drilling continues at Hides with two drilling rigs now in operation on four wells. The B1 well has been drilled and cased at total depth, with the tubing and tree to be installed once operations are complete on the B2 well.

Over 600 kilometres of onshore and offshore pipeline have been completed, and the LNG plant is scheduled to receive commissioning gas in the coming months from Kutubu. Construction is progressing on the remaining 80-kilometre section of onshore pipeline between Kutubu and the Hides Gas Conditioning Plant.

The spineline pipeline from the Hides well pads to the Hides Gas Conditioning Plant is now under construction.

At the LNG plant site progress has continued to plan with commencement of commissioning of power generation units. Commissioning gas will enter the plant in coming months. The load-out jetty is complete as are the navigational aids for shipping. Both LNG tanks have been pneumatically tested and perlite insulation is complete on the North LNG tank and underway on the South LNG tank.

Sanctioned in December 2009, the PNG LNG project will develop gas and condensate resources in the Hides, Angore and Juha fields and associated gas resources in the operating oil fields of Kutubu, Agogo, Gobe and Moran in the Southern Highlands, Hela and Western Provinces of Papua New Guinea. The gas will be transported by pipeline to a gas liquefaction plant 25 kilometres north-west of Port Moresby with a capacity of 6.9 mtpa. PNG LNG has binding LNG sales agreements with four Asian buyers.

Hides conditioning plant.

Look at all that equipment/operators and labor in Hides alone. Triple those resources in PNG LNG. Wonder if Curtain Bros/Clough JV and Chyoda can keep them on island and into PRL15? These guys must be in queue for PNG LNG expansion and PRL15 development and there has to be a deadline date before these assets are mobilized elsewhere. http://www.pnglng.com/media/pdfs/business_opportunities/EPC_Contact_Details_20111014.pdf

Check out these Curtain Bros. business units.  PNG LNG expansion will go through these guys.  AU Premiere Rudd has an interest in 'LNG continuation' and Curtain Bros as an AU Co. is set to continue on in PNG and AU suppliers and manufacturers will benefit.:

http://www.pngdockyard.com.pg/

http://www.curtainbros.com.au/tat-hong.html