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Papua LNG Project Financing

Sector: LNG • Location: Papua New Guinea

Source: Pipeline and Gas Journal

Project
Cancelled

Intesa Sanpaolo and the Asian Development Bank have announced they will not finance the Papua LNG project, which is estimated to cost between $13 billion and $18 billion. The project aims to double gas production in Papua New Guinea but faces opposition from environmental groups and has seen multiple banks withdraw their support.

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Project Information

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The project “Papua LNG Project Financing” is an infrastructure initiative in the LNG sector, located in Papua New Guinea. Taiyo aggregates data on it from Pipeline and Gas Journal.

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Cancelled

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Description

Description

Intesa Sanpaolo and the Asian Development Bank have announced they will not finance the Papua LNG project, which is estimated to cost between $13 billion and $18 billion. The project aims to double gas production in Papua New Guinea but faces opposition from environmental groups and has seen multiple banks withdraw their support.

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Source

Source reliability

High

Data quality score

100%

Source

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More Details

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