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Source:
The National, Wednesday July 22nd, 2015
PRIME Minister Peter O’Neill says the decision on where the processing plant for the Elk-Antelope (Papua LNG) plant will be located is a “commercial” one made by developer Total.
He said the decision should be respected. He explained in Parliament why Total and its partners were piping the liquefied natural gas from the Elk-Antelope fields in Gulf to Caution Bay outside Port Moresby in reply to a question from Kikori MP Mark Maipakai.
O’Neill said the Elk-Antelope project had been on the drawing board for several years, ever since InterOil said it would develop the project.
“Any sensible government will support a developer that is willing to invest in our country, particularly in a province that desires and wants to host such a development,” he said.
“When I visited the Gulf province, I merely reiterated the commitment by the then operator of that oil and gas fields.
“Recently, the operatorship has been transferred from InterOil to Total, a France-based company that is now the operator of those fields and a developer which wants to invest in the development of those gas reserves. As the Government, it is our responsibility to try and encourage investors to come and invest in this very highly competitive sector.
“Total has made a commercial decision (and) I have welcomed their decision to invest in the Elk-Antelope project in the Gulf province. The decision to host where the processing plant should be is a commercial decision the partners of that project will make.”
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Optimism over project Source: The National, Wednesday July 22nd, 2015 PAPUA LNG project has the potential to improve the economic opportunities for the people in Gulf, Oil Search managing director Peter Botten says. Botten said the project, once developed would have an impact on the country’s gross domestic product and export revenues would be similar to the PNG LNG project. Papua LNG formerly known as Elk/Antelope, which is operated by Total S.A. and includes InterOil and Oil Search, will have its central processing facility near the Purari River in Gulf. Botten said that developing the Papua LNG project was one of company’s highest priority. “After an extensive study lasting more than 12 months, led by Total SA, the PRL 15 Joint Venture recently unanimously agreed on the locations for the Central Processing Facility (CPF), pipeline routes and LNG plant site for the proposed Elk-Antelope development (to be named the Papua LNG Project),” he said. “Caution Bay was selected as the most suitable location for the LNG plant due to the availability of a large area of state land, comparable in size to the PNG LNG project site, with favourable sea and coastal conditions for ship loading and no requirement to build a breakwater. “Its easy access and close proximity to Port Moresby will facilitate materials and personnel logistics, while its location adjacent to the PNG LNG project site will allow for potential synergies during the construction and operations phases, which will enhance the value of the development for all stakeholders. “The Papua LNG project has the potential to have a similar impact on PNG’s gross domestic product and export revenues as the PNG LNG project. “This would result in a significant boost to economic activity and opportunities for the people of PNG, particularly in the Gulf, where the wells, onshore pipeline and CPF are located.”
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InterOil engineers leave for stint in Brisbane Source: The National, Tuesday July 21st, 2015 ENGINEERS from InterOil and the Petroleum and Energy Department (DPE) will be leaving for Brisbane today to attend a short course on stuck pipe prevention. Organised by InterOil and its rig contractor, High Arctic Energy Services, the training is expected to enhance the technical capabilities of national engineers in both the public and private sectors. David Seteri and Boas Kota of InterOil along with Joseph Kia and Warea Undi of DPE will be attending a High Arctic Stuck Pipe and Well Control course administered by Harness Energy. This is a theory and practical training programme that is aimed at reducing the occurrences of Stuck Pipe during drilling operations, delivered by experienced industry experts. Knowing the risk indicators, mechanisms and prevention strategies to prevent these events can result in huge savings in the costs of drilling petroleum exploration wells. DPE assistant director engineering Peter Kogl said there was insufficient funding for training to DPE staff and thanked InterOil for the continuous training opportunities offered to DPE staff. InterOil organised similar courses in oil and gas exploration and production workshops in Singapore in April that was attended by 14 staff from InterOil and DPE. InterOil is happy to continue its close association with technical professionals working with the Department of Petroleum and Energy and supporting the training of national petroleum engineers.
Hmmm looks like we have had stuck pipe syndrome a few times.
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Firm reaffirms commitment
Source:
The National, Wednesday July 22nd, 2015
OIL Search Ltd will continue to work with the Papua New Guinea Government to provide power solutions to the country, managing director Peter Botten says.
Botten said in the company’s second quarter report that the Ramu Power was one such activity project the company was looking to develop to assist the Government in providing reliable power to its people.
“Oil Search continues to work closely with the PNG Government and power agencies to provide sustainable power solutions to PNG.
“In addition to the first deliveries of electricity from the PNG LNG project to Port Moresby, in April, the first phase of Oil Search’s Ramu power project was completed, with the commencement of continuous 24-hour power generation and supply to Tari, a major town located approximately 50 kilometres north-east of the Hides gas field.
“This project comprised an upgrade of PNG Power Limited’s existing power plant in Tari, with assistance from Oil Search, and the signing of an agreement for Oil Search to provide fuel for the plant from its Hides GTE (gas to electricity) plant.
“The Ramu Power Project is a long term, multi phased project.
“Potential future phases which Oil Search is presently evaluating include the construction of several new transmission lines and up to 100 MW (megawatts) of additional electricity generating capacity, which, over the next decade, could provide up to three million people and businesses in PNG with access to reliable, affordable power for the first time.”
Maybe IOC should help electrify the country.
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Oil Search cofident LNG production will increase
Source:
The National, Wednesday July 22nd, 2015
OIL Search managing director Peter Botten says the company is confident that production from PNG LNG project will be higher than expected this year.
Botten said this following the company’s announcement of its highest total LNG production in its 2015 second quarter results, with 7.41 million barrels of oil equivalent (mmboe) recorded, a result that was 7 per cent higher than the previous quarter and the highest quarterly production recorded, according to Botten.
He said the PNG LNG plant’s current performance would see production exceed the 6.9 million tonnes that was expected annually.
“Total production of 7.41 mmboe for the quarter was the highest quarterly production ever achieved by the company,” he said.
“This excellent result reflected further production increases from the PNG LNG project, combined with a solid performance from our operated oil fields.
“The PNG LNG project’s contract customers continued to take their full contractual volumes and the project was successful in selling all its
additional spot cargoes during the period.
“In June, we celebrated the delivery of the 100th LNG cargo from the project, achieved in just over one year from the start of export operations, underscoring PNG LNG’s reputation as a reliable.
“Total production for the first half of 2015 was 14.3 mmboe, nearly three times higher than in the same period of 2014.
“Based on the strong first half production performance, the company now expects 2015 full year production to be between 27-29 mmboe, up from the previous guidance range of 26-28 mmboe producer of gas,” Botten said.
Despite the high production in the second quarter, results for Oil Search showed total revenue was US$391.5 million (K1.054bn), which was a 17 per cent fall from the first quarter result of US$472.3 million (K1.271bn), while total operating revenue for the first half of 2015 stood at US$863.8 million (K2.323bn), 69 per cent higher than in the first half of last year.
Five articles the same day wow!!!!! Its the future of PNG they have it figured out.
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Good info Martuni; so Total has been named as Operator officially per O'Neill. They did say it would be 3rd Q. Now let's really get moving. Scrap Ant 7 talk for now and get Ant 6 cranked up and Certification process in gear.
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Forum in Kerema. This Saturday. Kavo piad for with stolen funds. Be there. Aloha.
By Michelle Amba – EMTV, Port Moresby
A second forum organised by the people of Gulf for this weekend is anticipated to have Prime Minister, Peter O'Neill, receiving a petition.
The forum is organised by Focus Gulf PNG, a community based organisation representing the people's voices.
Following on from the first one last week in Kerema, this one aims to have the PNG Prime Minister, Petroleum and Energy Minister, Nixon Duban, and the Project developer, together with its partners.
The purpose of these forums is to discuss a downstream processing plant to be built at the new Papua LNG facility in Caution Bay Central Province.
Members of the organising committee met with Gulf Governor, Havila Kavo, to receive financial support of K10,000 to stage the second forum.
When announcing his support the governor sent out an invitation to the Prime Minister and others.
Governor Kavo said he met with the Prime Minister after the first forum and briefed him about the upcoming forum to be to be staged in Kerema this Saturday.
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And the news just keeps on coming. O'Neill mentions "petrochemical" business that is to come with this new plant.
Source:
The National, Wednesday July 22nd, 2015
By MALUM NALU
PRIME Minister Peter O’Neill has urged Gulf leaders to put their political differences aside in regards to the Elk-Antelope (Papua) LNG project.
He was responding to a question in Parliament from Kikori MP Mark Maipakai on his association with jailed Gulf Governor Havila Kavo who was a member of the ruling People’s National Congress Party.
O’Neill said it was important that everyone, including Maipakai and the provincial government, worked together.
He said the political leaders in Gulf owed it to the people to put their “politics” aside and “try to find a deal that is going to benefit our people”.
“We welcome the leaders of Gulf to be on the same table with the government while we are negotiating with Total and the partners in getting a better deal for Papua New Guinea,” O’Neill said.
“I am very well aware of the obligations that this government has. These include meeting the domestic market obligations.
“We must make sure that we create jobs in the petro-chemical industry that will create a lot of long-term employment opportunities for our people, not only during the construction phase.
“That is why we are happy to discuss with Total and all the other partners about establishing methanol, urea, and all the fertilisers, and of course, the other byproducts of the LNG project that is about to start
“I appeal to the leaders of Gulf province: Please, let us work together, let us have common sense discussions, rather than getting politics involved as it is not going to benefit anyone.”
Maipakai has been at loggerheads with Kavo since he was jailed last December but released on bail two weeks later.
It reached a head on Tuesday last week when Maipakai and a group of Gulf local level government presidents on his side failed to get the provincial assembly to meet in Kerema.
A public forum was held in Kerema on the same day in which Gulf people opposed the piping of the gas from the province to Caution Bay outside Port Moresby.
They also opposed the renaming of Elk-Antelope project as Papua LNG project.
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'MartiniStocks9756' pid='60865' datel Wrote:
Source:
The National, Wednesday July 22nd, 2015
PRIME Minister Peter O’Neill says the decision on where the processing plant for the Elk-Antelope (Papua LNG) plant will be located is a “commercial” one made by developer Total.
He said the decision should be respected. He explained in Parliament why Total and its partners were piping the liquefied natural gas from the Elk-Antelope fields in Gulf to Caution Bay outside Port Moresby in reply to a question from Kikori MP Mark Maipakai.
O’Neill said the Elk-Antelope project had been on the drawing board for several years, ever since InterOil said it would develop the project.
“Any sensible government will support a developer that is willing to invest in our country, particularly in a province that desires and wants to host such a development,” he said.
“When I visited the Gulf province, I merely reiterated the commitment by the then operator of that oil and gas fields.
“Recently, the operatorship has been transferred from InterOil to Total, a France-based company that is now the operator of those fields and a developer which wants to invest in the development of those gas reserves. As the Government, it is our responsibility to try and encourage investors to come and invest in this very highly competitive sector.
“Total has made a commercial decision (and) I have welcomed their decision to invest in the Elk-Antelope project in the Gulf province. The decision to host where the processing plant should be is a commercial decision the partners of that project will make.”
" Recently, the operatorship has been transferred from InterOil to Total, ... is now the operator of those fields....
Think I will wait till I hear confirmation from Oil Search.
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