TotalEnergies: committed to the Papua LNG project despite a slight delay – 04/08/2024 at 08:18


((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

TotalEnergies TTEF.PA chief executive Patrick Pouyanne recently spoke with Papua New Guinea Prime Minister James Marape about an LNG drilling project and agreed to amend the original deal with a slight delay, the company said Monday.

The planned project “will review the structure of certain lots and open competition to a broader panel of Asian contractors,” the French company said, adding that, in its view, the project was to continue working with third-party contractors.

As a result, the final investment decision on the Papua LNG project is now expected in 2025, the company said.



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