PNG has potential to lead in green products: Exec

PAPUA New Guinea has the potential of becoming a huge producer of green products for the world, says chief executive officer of Fortescue Future Industries Julie Suttleworth.
Suttleworth told Prime Minister James Marape that 19 gigawatts of power were estimated out of the Purari, Kikori and Stricken hydro potentials, and the West New Britain geothermal projects.
She also appraised the geothermal sites of West New Britain as being “one of the top three areas in the world” for Fortescue projects.
Suttleworth was responding to Marape’s query on whether PNG green energy potential would meet the projection as set by FFI owner and environmentalist, Dr Andrew Forrest, who said PNG could provide up to 25 gigawatts of power from its renewable energy sources.
She said: “We have currently indicated that there was about 15 gigawatts of hydropower that is in the master development agreement that we could access.
“So we are starting at 15 gigawatts of hydropower; there is approximately 4.3 gigawatts of geothermal also that we have identified at this stage.
“This is early days; there may be more.
“So that totals to about 19 gigawatts that our study team has already identified.
“Not quite 25 gigawatts yet, but we hope that over time, we will get to that number.
“But round now, we know that there is 19 gigawatts of potential.
“If all these projects of about 19 gigawatts of power are developed, they can make over 10 million tonnes per year of green hydrogen, or about 13 million tonnes of green ammonia, or a combination of both, because ammonia is heavier than hydrogen.
“So there is the potential to be a huge producer of green products for the world.”