Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/gas/lng_gas/wison-concept-study-confirms-pandora-lng-project-i.shtmlWison Concept Study confirms Pandora LNG Project in PNG is technically and commercially feasible
Concept Study identifies two feasible LNG concepts for Pandora Gas Field (CMT: 40%) • Pandora Gas
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Highlights
• Concept Study identifies two feasible LNG concepts for Pandora Gas Field (CMT: 40%) • Pandora Gas Field has a 2C Contingent Resource of circa 800 BCF gas
• Project JV Partners include Talisman Energy, Kina Petroleum and Santos • 1 mtpa offshore FLNG vessel with 170,000m3 storage to cost US$900 – 1,100/ tonne
• LNG vessel design based on lean gas composition • Near Shore LNG vessel with same capacity could be delivered for approximately US$600/ tonne and requires offshore gas processing and pipeline • Leading LNG industry participants have expressed interest in Build Own Operate (BOO) of LNG vessels at an indicative toll charge of US$4/mmBtu • Non-binding agreements pending with LNG industry participants to advance development of Pandora Gas Field
