PNG Government Praises PNG LNG Venture for FSO Facility Investment
NATURAL GAS
The PNG Government has commended the PNG LNG Venture for its multi-billion Kina investment in a Floating Storage and Offloading (FSO) facility. Minister for Petroleum Jimmy Maladina stated that this investment indicates the ongoing attractiveness of Papua New Guinea's petroleum industry and sets the foundation for both enhanced PNG LNG operations and broader sector expansion.

Feb 12, 2026, 2:54 PM