Papua LNG Project
Sector: LNG • Location: Papua New Guinea
Source: Reuters
The Papua LNG project is a liquefied natural gas (LNG) initiative in Papua New Guinea, which has faced significant opposition from environmental groups. Major banks, including Intesa Sanpaolo and the Asian Development Bank, have announced they will not finance the project, which is being developed by TotalEnergies, Santos, and Exxon Mobil. The project aims to double gas production in the region bu
- Status
- Prospective
- Sector
- LNG, Natural Gas
- Location
- Papua New Guinea
- Updated
- 22 Jul 2026
- Source
- Reuters
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Papua LNG project is a liquefied natural gas (LNG) initiative in Papua New Guinea, which has faced significant opposition from environmental groups. Major banks, including Intesa Sanpaolo and the Asian Development Bank, have announced they will not finance the project, which is being developed by TotalEnergies, Santos, and Exxon Mobil. The project aims to double gas production in the region but has seen delays in its final investment decision due to rising costs and environmental concerns. |
Original sector | Energy |
Budget |
Location
Country | Papua New Guinea |
Source
Source | Reuters |
URL |
More Details
Record type | Project |
Sector | LNG, Natural Gas |
Article published date | 2025-02-28 |
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