October 21, 2024 [Storage Terminals Magazine]- Wison New Energies and Kumul Petroleum Holdings Limited have officially signed a FLNG (Floating Liquefied Natural Gas) Pre-FEED contract, marking a major step forward for Papua New Guinea’s energy sector. The project, with an anticipated capacity of 1.5 million tonnes per annum, will be the country’s first FLNG facility, to be deployed in the Gulf of Papua. The Pre-FEED phase is scheduled for completion by June 2025.

This collaboration signifies a milestone for Wison New Energies in the Oceania region, as the company partners with KPHL on a critical national project. WNE expressed its honour in contributing to Papua New Guinea’s energy advancements and committed to leveraging its extensive expertise in clean energy to ensure the project’s success.

WNE’s commitment to delivering efficient and environmentally friendly FLNG solutions is central to its global strategy. The company looks forward to working closely with its partners to meet market demands and support the development of sustainable energy solutions.

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