Released under the GIC Framework
$15 Billion liquefied natural gas (LNG) project in Papua New Guinea
Active:
yes
Country/Region/International Authority:
Company:
Contract Set?:
yes
Contract Amount:
15,000,000,000 USD
Project Timeframe:
Four Years (2014-2018)
Announcement Date:
03/12/2010
Source Link(s):
Esso Highlands Limited is executing the Papua New Guinea LNG project. The initial phase of the project is estimated to be a US $15 billion investment. First LNG deliveries are scheduled to begin in 2014, following a construction period of about four years.
The government of Papua New Guinea, through its Department of Environment and Conservation, approved the project's environmental impact statement that reviewed factors such as community needs, sensitive environmental habitats, and biodiversity