Xrg energy Papua New Guinea

What is Papua New Guinea's energy project?

The project will bring electricity to rural households; expand renewable energy generation; support the modernization of the country’s electricity infrastructure; and benefit households, businesses, and communities across the nation. “This project represents a major step forward for Papua New Guinea’s energy future.

Is Papua New Guinea ready for LNG?

“Papua New Guinea is truly well-positioned for the future -- one where LNG will have an even larger presence in the global energy mix,” said Mr. Clarke.

Is Papua New Guinea a reliable LNG supplier?

Through the PNG LNG Project, Papua New Guinea has demonstrated the ability to deliver reliable supply to customers, Clarke said. “When the first shipment of Papua New Guinea’s LNG set sail on the ‘Spirit of Hela’ to Japan in 2014, and PNG entered an esteemed club of LNG exporting nations, no one could have foretold what the future would bring.

Will ExxonMobil invest in PNG LNG?

ExxonMobil and its co-venturers’ investments in the country continue today, with multiple works currently underway to bring new volumes online and further strengthen PNG LNG’s production levels, Clarke said. “We are also pleased to announce that the P’nyang LNG co-venturers are currently progressing its concept evaluation phase.

Will png continue to support regional demand?

“With proximity to market and high-quality resources, PNG can continue supporting regional demand for decades to come, with Asia Pacific countries set to be core natural gas customers, and in the process help these countries meet their energy security and emissions reduction goals,” he added.

Does PNG have low electricity access?

With only 20 percent of PNG’s population connected to the grid, the project addresses the significant challenge of low electricity access, particularly in rural areas where less than 15 percent of people have access to electricity.