PNG's new LNG projects will seal demand

KUMUL Petroleum Holdings managing director Wapu Sonk says that, if formalised, the Papua LNG and P’nyang projects should be able to meet the LNG demand window from 2026 to 2028.

PNG's new LNG projects will seal demand PNG's new LNG projects will seal demand PNG's new LNG projects will seal demand PNG's new LNG projects will seal demand PNG's new LNG projects will seal demand

Wapu Sonk

He told The National newspaper that the LNG spot prices had recovered a bit from $2.4/MMbtu a few months back to now around $4.50/MMbtu.