Name of the Project
Floating, storage, regasification and power generation (FSRP) facility.

Location
Papua New Guinea (PNG).

Project Owner/s
Kumul Petroleum Holdings.

Project Description
The project forms part of the PNG 2030 Strategic Plan, which has set goals of connecting 70% of the PNG population to secure electricity by 2030. It entails the design development and engineering of a new FSRP facility.

The facility will have the capacity to generate 75 MW of power to be exported to the local transmission grid, in addition to loading and storing 140 000 m³ of liquified natural gas.

The gas can be offloaded to small-scale bulk cargo vessels and redistributed to smaller local power generation locations.

The facility will also be able to regasify and export gas through a pipeline for local heavy industrial power generation.

It will be located on the northern coast of PNG, close to Lae, bringing much-needed power generation to the area that contains some of the country’s key resources projects.

Potential Job Creation
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Not stated.

Latest Developments
Not stated.

Key Contracts, Suppliers and Consultants
Chiyoda Corporation (design development and engineering of the FSRP facility).

Contact Details for Project Information
Kumul Petroleum Holdings, tel +675 320 2253.