Papua New Guinea Oil & Gas Report Q2 2014 - New Report Available
The first LNG deliveries from Papua New Guinea's ExxonMobil-led PNG LNG facility, the country's first gas export project, are expected as scheduled in H2 2014. There continues to be new proposals for LNG exports, and with Total's deal in PRL 15, Interoil's LNG export plans for the Elk/ Antelope field may finally move forward. Gas projects will also offer some relief to a decline in liquids output, condensate from the PNG LNG project will give oil production a temporary boost.
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