ExxonMobil working with partners to develop P’nyang

EXXONMOBIL PNG is working with its joint venture partners and the Government to progress the development proposal of P’nyang gas field in Western, according to the company.
A spokesperson told The National that “in regard to P’nyang, it needs to use the facilities built within the PNG LNG project”.
The spokesperson said the infrastructure development associated with the construction of pipelines and plant facilities would bring significant spin-off benefits for the people of Western.
“P’nyang represents a further multi-billion dollar investment that extends gas pipeline infrastructure into Western province creating jobs and revenue for the nation.”
ExxonMobil operates the licence of the P’nyang field with a 49 per cent interest. Oil Search Limited and JX Nippon hold 38.5 and 12.5 per cent respectively.
Oil Search Ltd managing director Peter Botten said one of the three new LNG trains to be added to the PNG LNG project site would support gas from P’nyang.
An LNG train is a liquefaction and purification facility that converts natural gas into liquefied natural gas.
Botten said this was an excellent technical solution.
“It is cost-effective and also simplifies commercial and financial structures,” Botten said.
Western Governor Taboi Awi Yoto said in a recent statement that he would hold the same position as the government to ensure that P’nyang was developed as a standalone project.
Yoto said landowner issues experienced in the PNG LNG project would not be repeated in Western.
Chairman of the P’nyang Landowner Association Michael Tumsok and chairman of the Ketu-Elevala Landowners Association.
Paul Wasi supported Yoto’s comments.