Pasca FLNG Terminal

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Pasca FLNG Terminal (Pasca Floating LNG Terminal) is a floating liquefied natural gas (LNG) export terminal proposed in Papua New Guinea.

Location

The terminal is proposed to be located in the Gulf of Papua, Papua New Guinea.

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Project details

• Operator: Twinza Oil Ltd
• Owner: Twinza Oil Ltd
• Parent company: Twinza Oil Ltd
• Vessel:
• Vessel operator:
• Vessel owner:
• Vessel parent company:
• Location: Gulf of Papua, Papua New Guinea
• Coordinates: -8.746641, 144.829410
• Capacity: 0.75 mtpa
• Trains: 1
• Status: Proposed
• Type: Export
• Start year: 2030
• Cost: 800 million USD
• Financing:
• FID status:
• Associated infrastructure: Pasca Oil and Gas Field (Papua New Guinea)

Background

The source of gas for the terminal is the Pasca Oil and Gas Field (Papua New Guinea), more specifically the Pasca A gas and condensate field as well as the adjacent exploration block PPL 584. As of December 2023, the company was aiming to take a FID on developing the Pasca A gas and condensate field during January-March 2025. The LNG terminal is part of Phase II of this project which should commence approximately in 2027 and is expected to be commissioned in 2030.

In 2019, the company performed concept selection work for the second phase development associated with LNG export terminal and submitted an addendum to the initial field development plan filed in 2015.