PNG Minister may renegotiate Total deal

PAPUA New Guinea’s petroleum minister has left the possibility of redrawing its agreement with Total open if a government review finds its terms unfavourable. Total is operator of the Papua LNG project, which plans a two train expansion in tandem with the ExxonMobil-led PNG LNG operation which plans a one train addition.

PNG Minister may renegotiate Total deal PNG Minister may renegotiate Total deal PNG Minister may renegotiate Total deal PNG Minister may renegotiate Total deal PNG Minister may renegotiate Total deal

Government continues to review and reform

 
Together the two projects will double the nation's LNG export volumes at a cost of over US$13 billion.

topics

loader