Western LNG Terminal

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
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Western LNG Terminal is a proposed LNG terminal that would be located off Daru Island, Papua New Guinea.

Location

The terminal would be located south of Daru Island, Papua New Guinea.[1]

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Project Details

  • Owner:
  • Parent: Repsol, Horzon Oil
  • Location: Daru Island, Papua New Guinea
  • Coordinates: -9.194260, 143.257609 (approximate)
  • Capacity: 1.5 mtpa, 0.21 bcfd
  • Additional Proposed Capacity:
  • Status: Shelved
  • Type: Export
  • Start Year:

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

In July 2017 Repsol and Horizon oil were pursuing development of the Western LNG Terminal, which would export gas from several fields in Papua New Guinea.[2] In July 2019 Repsol received notice from Papua New Guinea's Petroleum Minister to cancel its license to extract gas from PDL 10, one of the main fields that would supply the terminal.[3]

With no progress in two years, the project appears to be shelved.

Ownership

In June 2019 Repsol agreed to sell its shares in its PNG assets, which included its approximate 40% interest in the foundation Elevala/Ketu and Stanley fields for the Western LNG project, to China's Balang International.[3] The deal was expected to close in Q4 2019.[3]

Articles and resources

References

  1. Western LNG project, Horizon Oil, accessed July 2019
  2. Horizon Oil strengthens acreage position in Papua New Guinea, Oil Field Technology, Jul. 19, 2017
  3. 3.0 3.1 3.2 Western LNG project supply at risk as PNG threatens to cancel licenses, S&P Platts Global, Jul. 5, 2019

Related GEM.wiki articles

External resources

External articles