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Energy group Total, Papua New Guinea to press on with Papua LNG project

Published 05/05/2021, 07:25 pm
Updated 05/05/2021, 07:30 pm
© Reuters.
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PARIS, May 5 (Reuters) - French energy group Total TOTF.PA said on Wednesday that it had agreed, along with the Papua New Guinea government, to press on with a liquefied natural gas (LNG) project in the country, which had been delayed as a result of COVID-19.

Total said it would re-mobilise teams involved in the project, and would prepare for a final investment decision on it in 2023.

"I am honoured to welcome the Deputy Prime Minister of Papua New Guinea in our head-offices in Paris to review the Papua LNG implementation plan. This is indeed a very strong signal of the dedication of the PNG government to the success of this key project," said Total Chairman and CEO Patrick Pouyanne.

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