Press release
Papua New Guinea Oil and Gas Market Report 2018-2032: Field-Wise Production, Refining, LNG, Pipelines, and Strategic Supply-Demand Analysis
Papua New Guinea Oil and Gas Market to 2032: Industry Growth, Market Share, Capacity & Production Data, Competitive Landscape, and
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The country's hydrocarbon industry is anchored in the resource-rich Southern Highlands and Gulf Provinces, with upstream operations driven by international players like ExxonMobil, TotalEnergies, and Oil Search. Natural gas has become the dominant energy export, with infrastructure linking major fields such as Hides, Angore, and Juha to liquefaction facilities near Port Moresby. While upstream expansion continues, midstream development is critical to address pipeline reliability, logistics complexity, and export terminal access. Downstream, Papua New Guinea faces limitations in refining capacity, relying heavily on imports to meet domestic fuel demand. However, distribution and storage improvements are underway to enhance energy access and regional trade potential. The report outlines the strategic balance Papua New Guinea must maintain between increasing export-driven gas production and sustainable development goals-including environmental management and community engagement.
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Report Key Takeaways -
Detailed asset-by-asset data for all existing and planned oil and gas fields, LNG terminals, refineries, pipelines, and storage facilities.
Historic and forecast supply-demand analysis for crude oil, natural gas, and refined products such as gasoline, diesel, LPG, and fuel oil from 2015 to 2032.
Review of key LNG initiatives including the status of Papua LNG, Pasca A offshore development, and associated infrastructure needs.
Analysis of upstream exploration trends, including new deepwater drilling efforts aimed at expanding reserves and diversifying energy exports.
Strategic insights into midstream operations, identifying gaps in pipeline security, weather resilience, and export capacity.
Examination of Papua New Guinea's downstream sector, with recommendations for improving fuel distribution networks and reducing dependency on imports.
SWOT and benchmarking analysis of the sector's strengths, operational risks, and investment challenges across all value chain segments.
Investment opportunity mapping, including capital requirements and commercial viability of ongoing and future projects.
Profiles of key market participants such as ExxonMobil, TotalEnergies, Oil Search, and Kumul Petroleum, assessing their role and strategic outlook.
Answers to vital market questions on the trajectory of Papua New Guinea's hydrocarbon output, LNG trade flows, and infrastructure capacity.
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