oil refining project wholesale in Papua New Guinea

InterOil Napa Napa Refinery Hydrocarbons Technology

  • oil refining project wholesale in Papua New Guinea
  • oil refining project wholesale in Papua New Guinea
  • oil refining project wholesale in Papua New Guinea
  • oil refining project wholesale in Papua New Guinea

Napa Napa Refinery, Papua New Guinea

"How Papua New Guinea Became an Oil

Changing the landscape of the petroleum industry in Papua New Guinea

Papua New Guinea Oil Gas Market Trends,

  • When was the first oil refinery built in Papua New Guinea?
  • InterOil Corporation completed the construction of Papua New Guinea’s (PNG) first oil refinery early in 2004. Following an extensive commissioning and testing process the first shipment of crude oil to be processed at the facility arrived on 16 June 2004. BP Singapore is the exclusive agent for all of the crude oil to be supplied to the refinery.
  • Does the Papua New Guinea Napa Napa oil refinery project agreement still exist?
  • THE Papua New Guinea Napa Napa Oil Refinery project agreement between the Government and Puma Energy PNG Ltd still exists, says country general manager and director Hulala Tokome. “For the record, Puma affirms that it has not abandoned the project agreement, and does not regard the State as having done so either,” he said.
  • Who owns the PNG oil refinery?
  • SPI owns a greater than 90% share of the oil refinery. It is also involved in oil and gas exploration and has interests in six petroleum prospecting licenses in PNG. The PNG government has supported this refinery project to reduce the country's dependence on foreign petroleum products.
  • What is InterOil's agreement with png refinery?
  • It has entered a 30-year agreement with InterOil to allow the new refinery to purchase crude oil from PNG producers at the producers's export price and sell refined products at import parity price. InterOil also will be allowed to supply 100% of PNG's refined products demand.

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