Papua New Guinea LNG Project
Sector: LNG • Location: Port Moresby, Papua New Guinea
Source: Agenzia Nova
The Papua New Guinea LNG project is a $10 billion gas extraction initiative that has faced opposition from environmental organizations. Intesa Sanpaolo and the Asian Development Bank have announced they will not finance this project, which is being developed by TotalEnergies, Santos, and Exxon Mobil.
- Status
- Failure
- Sector
- LNG
- Location
- Port Moresby, Papua New Guinea
- Updated
- 22 Jul 2026
- Source
- Agenzia Nova
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Project Information
Participants
| Not available for this record. |
Status
Original status | Cancelled |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Papua New Guinea LNG project is a $10 billion gas extraction initiative that has faced opposition from environmental organizations. Intesa Sanpaolo and the Asian Development Bank have announced they will not finance this project, which is being developed by TotalEnergies, Santos, and Exxon Mobil. |
Original sector | Energy |
Budget |
Location
Country | Papua New Guinea |
City | Port Moresby |
Source
Source | Agenzia Nova |
URL |
More Details
Record type | Project |
Sector | LNG |
Article published date | 2025-02-28 |
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