Santos and partners are targeting a decision in the fourth quarter on a proposed Papua New Guinea LNG project estimated at about $20 billion. Multiple outlets report the decision is due by the end of the year, indicating progress toward a final investment decision or similar approval milestone.
The project, if approved and developed, would be the second LNG project in Papua New Guinea. Reporting emphasizes the timing of the prospective decision, while offering limited additional detail on the project’s specific terms, contracting arrangements, or regulatory steps. Across the two sources provided, the core facts align on the company involved, the project’s scale, the location in PNG, and the targeted decision window. No differing claims are presented in the excerpts beyond minor wording.
The outlets collectively frame the year-end decision as a key near-term development for PNG’s LNG expansion plans, contingent on further evaluations and approvals before construction could begin.
