ExxonMobil Corporation

KPHL happy with Exxon P’nyang gas increase

In a statement, KPHL Managing Director, Wapu Sonk, also says the Government through the Department of Energy, should be congratulated for insisting back in 2016 that P’nyang South drilling and reserve certification be completed first before discussing the Application for Petroleum Development License (APDL).

Sonk said now they can discuss the APDL knowing what reserves they are dealing with.

He said it also gives comfort that Train 3 discussions will happen as soon as ExxonMobil submits the other requirements for APDL.

P’nyang gas resource increases by 84pc

The increase supports a potential significant expansion of operations in the country.

ExxonMobil Corporation announced this following an independent recertification study by Netherland Sewell and Associates after the successful completion in January of the P’nyang South-2 well, located in the Western Province.

The results support ExxonMobil’s discussions with its joint venture partners on a three-train expansion concept for the PNG LNG liquefied natural gas (LNG) plant outside Port Moresby.