Total commitment to new LNG project
France’s Total SA has confirmed plans to start construction for Papua LNG, the country’s next big liquefied natural gas project. Paradise speaks with Philippe Blanchard, managing director of its PNG subsidiary, Total E&P PNG, to learn more about the proje
Q: Earlier this year, your CEO Patrick Pouyanne paid a lightning visit to Papua New Guinea. He outlined Papua LNG as a $US10 billion project that would employ 10,000 workers. What is required to get the project to a green light from here?
A: As mentioned by our CEO, first we have to be able to tell the size of the reserves, which is why we are finalising the appraisal program. The plan is to complete the appraisal work by end of 2016 and be able to size the facilities immediately afterwards.
We have already started the social and environmental impact assessment studies. We have to perform surveys all over the project’s footprint.
That will take place between now and 2017. There are plenty of activities running in parallel.
It is a good project and the most important thing is to ensure that the project is costcompetitive and comes at the right time on the market.
The idea is to progress and be ready to launch the project in 2018 in order to take advantage