Company plans first LNG cargo in 2023

Business

TOTAL’s tentative project schedule indicates that it will have the first LNG cargo in 2023.
According to information provided during a roadshow hosted by Total in Port Moresby, construction and commissioning had been proposed to be between 2019 and 2022.
Managing director Philippe Blanchard said the decision to have the plant at Caution Bay in Port Moresby was based on different aspects including the environment.
“When we select the location, it is because we believe it’s in the best location (and) technically fiscal,” he said.
“But at the same time, the location is not going to significantly impact the way people are living .
“That will be true for PRL 15, that will be true for the pipeline that we will be selecting and we hope that will be commissioned soon.
“Therefore, the rationale is to put an LNG plant in Caution Bay close to the plant.
“A lot of studies are being performed.
“We don’t have within Total all the competencies.”

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