PNG Gas - Technical Description

Technical Description

The two-train LNG plant will have capacity of 6.3 million tonne of LNG per annum. In addition to the gas from the Hides field, potentially gas could be sourced also from the Juha and Angore fields. The pre-FEED study was completed by the end of 2007. The decision to proceed with the Front End Engineering Design (FEED) will be made at the end of March or early April 2008. The FEED most likely would be prepared by KBR. The final investment decisions should be made in 2009. The plant is expected to be commissioned by 2013 and it is expected to cost US$9.5 billion, of which the development of the Hides, Juha and Angore gas fields together with a pipeline to the coast may cost US$5 billion, while the LNG plant could cost US$4.5 billion.

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