Natural Gas Pipeline Papua New Guinea LNG Project
Installation of pipes has been started near the LNG plant, under construction 20 km northwest of Port Moresby. The first extension of the 450-km in the offshore of 700 km natural gas pipeline planned for Papua New Guinea LNG project worth 15 billion dollars began to be installed on the seabed.
Two offshore semisubmersible vessel, Castoro Semac 1 and 10 are scheduled to work carefully to the rest of this year and completed in 2012.
The first part of the job is to shore pull, which is engaged by pulling the pipe 36-in to the mainland to allow linking with a pipe section of land.
The pipeline will transport gas from the southern highlands and lands in the province of the Baarat to two trains in question, 6.6 million tons / year LNG plant.
LNG is scheduled to flow in 2014 and will send an extra 9 tcf of gas for 30 years.
ExxonMobil is the operator of the project by 33.2%. Oil Search has 29%, the Independent Public Business Corporation. (Papua New Guinea government) 16.6%, Santos 13.5%, Nippon Oil 4.7%, state-owned Minerals Resource Development Co.. 2.8%, 0.2% and Petromin.