Papua LNG

PNG’s oil and gas company, Kumul Petroleum Holdings Ltd, as a partner with the project developer TOTAL SA, has come up with an agreement to have KPHL staff undergo training with TOTAL SA in Paris on marketing our gas to buyers.

Announcing two senior employees on secondment with Total SA for 2 years, Kumul Petroleum Managing Director Wapu Sonk said the secondment is part of staff development and also signifies a milestone in assigning KPHL staff to the Total and Kumul Marketing Joint Venture.

The official was dispelling concerns that PNG LNG operator ExxonMobil's takeover of InterOil, now approved by the latter's shareholders, would leave the country with just one liquefaction project.

Total's proposed Papua LNG "would still be built" even once Exxon expands its 6.9 million ton per year PNG LNG project with a third train, says Wapu Sonk, managing director of PNG national oil company, Kumul Petroleum. Kumul holds the government's 16.6 percent stake in PNG LNG.