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Julien Pouget (TotalEnergies): “The Papua LNG undertaking is well-positioned to contribute to development in LNG provide worldwide, particularly for patrons in Asia in search of to decarbonise from coal to fuel” (supply: Clough)
22 Aug 2022by Jamey Bergman
No pricetag was named on the preliminary part of an LNG export undertaking that’s aiming for a last funding choice on the finish of 2023
France’s Technip Energies and Australia’s Clough shaped a consortium to win the front-end engineering design (FEED) contract masking the upstream manufacturing amenities for TotalEnergies’ Papua LNG undertaking in Papua New Guinea within the Asia Pacific area.
The upstream manufacturing amenities embrace the event of the Elk and Antelope onshore fuel fields in Papua New Guinea, in addition to a carbon seize and sequestration (CCS) scheme to take away the fuel fields’ native CO2 and reinject it into the deliberate fuel reservoirs.
Technip Energies senior vice chairman Loic Chapuis mentioned, “We’re very proud to be entrusted by TotalEnergies for this strategic improvement which can feed the long run Papua LNG trains.”
In parallel to initiating the FEED course of for its upstream facilties, in July, TotalEnergies mentioned research for the downstream liquefaction amenities are progressing according to the general undertaking schedule, and the target is to launch the built-in FEED in This autumn 2022. The undertaking is focusing on a last funding choice on the finish of 2023, and a start-up on the finish of 2027.
TotalEnergies senior vice chairman Asia Pacific for exploration and manufacturing and renewables, Julien Pouget mentioned on the time, “The Papua LNG undertaking is well-positioned to contribute to development in LNG provide worldwide, particularly for patrons in Asia in search of to decarbonise from coal to fuel, according to our technique to decrease world greenhouse fuel emissions.”
The Papua LNG undertaking is a three way partnership between Whole E&P PNG Ltd, which serves as undertaking operator and holds a 40.13% stake, together with ExxonMobil and Oil Search Ltd, with 37.03% and 22.84% possession within the undertaking, respectively.
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