Asset Report
PNG LNG - upstream
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Papua New Guinea LNG (PNG LNG) project is a two-train LNG development operated by ExxonMobil. Feed gas is sourced from several fields in the Highlands of Papua New Guinea (PNG). The liquefaction facility is located on the east coast of the Gulf of Papua, around 20 kilometres north of Port Moresby. A Final Investment Decision (FID) was taken on 8 December 2009 and the first LNG cargo departed in May 2014.
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
-
Participation
- Cost Sharing Agreement
- Joint Operating Agreement
- AGL Energy
- FID & PNG Government Participation
- Hides (PDL 1, PDL 7) & Angore (PDL 8)
- Juha (PDL 9)
- Kutubu Area (PDL 2)
- Gobe Area (PDL 3 and PDL 4)
- Moran (PDL 2, PDL 5 and PPL 219)
- Well data
-
Exploration
- Hides
- Angore
- Juha
- Kutubu Area
- Gobe Area
- Moran
- Reserves and resources
- Production
-
Development
-
Key Development Metrics
- Wells
- APF Tie-In Project
- Upstream infrastructure
- LNG facility
- Supplier information
- Development progress
-
Key Development Metrics
- Infrastructure
-
Costs
- Exploration Costs
- Capital Costs
- Operating Costs
-
Sales contracts
- LNG Contracts
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
-
LNG Pricing
- Foundation contracts
- Medium term contracts signed post-2018
- LNG spot price assumption
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 21 images and tables including:
- Key facts: Table 1
- Index Map
- PNG LNG Upstream Detail Map
- Current participation
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile
- Infrastructure: Table 1
- Cash flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2025
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2025)
- Remaining PV Price Sensitivities
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
What's included
This report contains:
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