Projects ~ Infrastructure
Infrastructure
Liquid Niugini Gas reaps the benefit of InterOil’s twelve years of operating experience in Papua New Guinea, and access to the valuable infrastructure of its current refinery and deep water shipping terminal at Napa Napa in Port Moresby.
The existing wharf facilities offer a draft of 18 metres. With minor modification the existing jetty is capable of taking up to the largest of LNG carriers. LNG will be shipped in all cargo sizes up to and including Qmax vessels.
Shipping will be controlled but not owned.
Our progress
- Bechtel selected as FEED/EPC contractor and ConocoPhillips Process Technology chosen for the plant design > more
- EIS process underway
- PNG Prime Minister, Sir Michael Somare, expresses his enthusiasm for the benefits the Liquid Niugini Gas project will bring to his country > more
- FEED/EPC shortlist announced
- Shareholder Agreement signed
- Financing strategy being pursued led by Merrill Lynch, supported by Taylor-DeJongh
- Second phase of shipping strategy through Merrill Lynch underway
- Pre-basis of the Engineering Design study and a sound project definition now complete
- Further well appraisal underway
- InterOil announced the Elk gas discovery (100+ MMSCFGPD), immediately followed by an appraisal well and seismic shoot
- Memorandum of Understanding signed in September 2006 with the PNG Government. Project Agreement negotiations underway
- Management Team in place