BMI View: The first LNG deliveries from Papua New Guinea’s greenfield PNG LNG facility, the country’s first gas export project, are expected as scheduled in H2 2014. There continues to new proposals for LNG exports and we could soon see decisions regarding an expansion of export capacity at PNG LNG beyond the first two trains due online next year. Gas projects will also offer some relief to liquids, condensate from the PNG LNG project will give oil production a temporary boost. The main trends and developments we highlight for Papua New Guinea’s oil and gas sector are: ? The most …
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