the chemical trade journal and oil in Papua New Guinea

for Papua New Guinea Through Trade JSTOR

  • the chemical trade journal and oil in Papua New Guinea
  • the chemical trade journal and oil in Papua New Guinea
  • the chemical trade journal and oil in Papua New Guinea
  • the chemical trade journal and oil in Papua New Guinea

Vulnerability, Risk Reduction, and Adaptation to Climate

Modeling of potential renewable energy in Papua New Guinea

An Overview of Geochemical Exploration

Sandalwood trade and development

  • When was the first oil drilled in Papua New Guinea?
  • The first oil from the Kutubu project was produced in mid-1992. So far, field performance is as anticipated. The Kutubu project discovery well was drilled in 1986. The treacherous terrain and lack of infrastructure in the remote Highlands area of Papua New Guinea where the project is located made development a challenging and costly proposition.
  • What is the history of oil discovery in PNG?
  • PNG's first major commercial crude oil project was at Lake Kutubu in 1992 in the Southern Highlands Province where the project was originally operated by Chevron. Discoveries were made elsewhere in the Highlands region of PNG, including Hides, Gobe, South East Mananda and Moran.
  • Why is Papua New Guinea important?
  • Papua New Guinea is favourably positioned to supply the Australasian region, but can reach out to serve Asian, Pacific and American markets. With diminishing oil production and the absence of new oil finds, Papua New Guinea’s explorers needed to capitalise on prior exploration investments that failed to find oil.
  • How did resource exports change in PNG?
  • For example, from 1990 to 2000, PNG experienced an increase in resource exports rising from 25% to 40% of GDP. This was accompanied by a real appreciation of the kina of approximately 9% in the subsequent period.

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