Total sees 2023 investment decision on Papua LNG

News wire -- French energy group Total said it had agreed with the Papua New Guinea government to proceed with a liquefied natural gas, LNG, project in the country, which had been delayed due to the pandemic, with a final investment decision due in 2023.

Total added in a statement that it would re-mobilise teams involved in the project.

“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.

Total and its partners ExxonMobil