Papua New Guinea LNG prices soar amid plans for extra 8 million tonnes a year of production

Tuesday, 22 August 2017

Oil Search, one of the main liquefied natural gas developers in Papua New Guinea, said its average realised LNG and natural gas prices in the first half of 2017 amounted to US$7.67 per million British thermal units compared with US$6.09 per MMBtu in the same period of 2016, a rise of 26 percent, as plans advanced to substantially increase production.


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Last modified on Tuesday, 22 August 2017 05:39
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