Papua New Guinea Mineral and Gas Projects
Ongoing · Papua New Guinea · Last reported Jan 2009
Source: Britannica
From 1970 onward, major mineral discoveries transformed the economy of Papua New Guinea from one dependent on tropical crops to one based on minerals for most of its exports. Large deposits of gold and copper led to significant developments in various locations, including Panguna, Ok Tedi, and Lihir Island. Additionally, major natural gas and crude oil finds were made in the late 1980s, with oil a
- Status
- Under Construction
- Sector
- Power Generation (CCGT), Raw Materials, Oil and Gas, Metal, Natural Gas
- Location
- Papua New Guinea
- Updated
- 22 Jul 2026
- Source
- Britannica
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Project Information
Participants
| Not available for this record. |
Status
Original status | Ongoing |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | From 1970 onward, major mineral discoveries transformed the economy of Papua New Guinea from one dependent on tropical crops to one based on minerals for most of its exports. Large deposits of gold and copper led to significant developments in various locations, including Panguna, Ok Tedi, and Lihir Island. Additionally, major natural gas and crude oil finds were made in the late 1980s, with oil and gas production beginning near Lake Kutubu and Tari in 1992, and a large-scale liquefied natural gas project initiated in 2009. |
Original sector | Energy |
Location
Country | Papua New Guinea |
Source
Source | Britannica |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Raw Materials, Oil and Gas, Metal, Natural Gas |
Article published date | 2025-01-21 |
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