Rystad Energy estimates that the decision taken by the Papua New Guinea (PNG) to halt the talks with ExxonMobil about the state’s share of revenues from the planned P’nyang gas field development is expected to delay two key LNG projects that would double the country’s gas output.
The two projects, Total’s $13-14 billion Papua LNG investment and ExxonMobil’s subsequent PNG LNG Expansion plan, are close to each other and could save the firms up to $3 billion in shared infrastructure synergies...
https://safety4sea.com/papua-new-guinea-lng-project-may-be-delayed/