PNG Biomass info session for Lae

PNG Biomass will be holding an information session about the company’s project in Lae this month.
PNG Biomass info session for Lae PNG Biomass info session for Lae PNG Biomass info session for Lae PNG Biomass info session for Lae PNG Biomass info session for Lae

Staff Reporter

The team from Biomass wall talk about "the plan, product and place in the power program".
 
The event will be held at the Lae International Hotel on Monday, May 27, from 7am to 9am.
 
Bookings should be made through Ensie at email address info@lcci.org.pg or Zayna on  admin@lcci.org.pg or call 472-2340.
 
Oil Search's PNG Biomass project in the Markham Valley is a long-term renewable energy initiative in Morobe Province. It will use wood chips from trees sustainably grown and harvested in surrounding plantations to fuel a biomass power plant to provide up to 30MW into the Ramu grid.
 
After years of planning and early development - including substantial investments on feasibility studies, nursery development, plantation trials, plantation establishment and landowner engagement, with the involvement of world experts on sustainable biomass development - Oil Search acquired full ownership of the project in mid-2016 and committed to the front-end engineering and design phase in the third quarter of 2016.
 
This phase was completed by the end of 2017 and the technical and commercial aspects of the PNG Biomass project have been refined to support a final investment decision.
 
The project is supported by a 25-year Power Purchase Agreement (PPA) that was signed with PNG Power in December 2015.
 
PNG Biomass says the project presents one of the most clean, renewable and sustainable energy initiatives in PNG's history. "Oil Search is proud to be driving this exciting power initiative, which will not only enhance generation capacity on the grid, but will also empower landowners and contribute to the well-being of local communities, create opportunities for future generations, and provide energy independence for PNG without compromising the country's pristine and unique environment."

 

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