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Santos eyes new Papua New Guinea gas projects to feed LNG

[40YardLine]

FID-readiness in 2026 targeted for Agogo and Moran non-associated gas project to supply volumes to PNG LNG "Gallagher said Santos and PNG LNG are in a great position, being spoilt for choice with no shortage of healthy upstream development options to keep their LNG infrastructure full.""“At the same time, papua-lng-project-looking-to-asia-for-solutions-on-major-contractorsfront-end engineering for Papua LNG is ongoing, again with a prolific gas resource base in PNG’s Eastern Highlands province that is relatively close to LNG production and export infrastructure,” he confirmed.",“The nearby Gulf province is also highly prospective with exciting prospects such as Wildebeest still to be drilled.”Santos is targeting the financial investment decision in 2026 for the development of non-associated gas from two oilfields in Papua New Guinea that will supply gas to the ExxonMobil-led PNG LNG project."The PNG LNG consortium has just completed the $1 billion Angore gas project in PNG’s Hela province, which will deliver up to 350 million cubic feet per day of feedstock to the PNG LNG project."“Associated gas from Agogo and Moran could deliver at least another 125 million cubic feet per day, and we are working to make this development final investment decision-ready by 2026,” Santos chief executive, Kevin Gallagher, said.“In addition, we are currently drilling the Hides Footwall well, an exploration well that, if successful, could deliver up to another 160 MMcfd Santos eyes new Papua New Guinea gas projects to feed LNG machine | Upstream