The Papua New Guinea Industrial and Mining Resources Exhibition will occur on July 2-3 in Port Moresby, offering a platform for resource companies to connect and grow. Major exhibitors such as Metso and Sandvik have confirmed participation, highlighting opportunities in the expanding PNG energy sector driven by successful gas developments like the Angore project and PNG LNG.
The energy sector in Papua New Guinea (PNG) hosts significant players, presenting numerous opportunities for suppliers and contractors. The Papua New Guinea Industrial and Mining Resources Exhibition and Conference (PNG Expo), scheduled for July 2-3 at the Stanley Hotel in Port Moresby, will serve as a platform for resource companies to network and foster growth in this promising region. The event will feature a well-curated exhibition, an informative speaker program, and ample networking opportunities for attendees to enhance their experience.
Prominent exhibitors such as Metso, Blackwoods, Sandvik, Dreager, Lincom, and Putzmeister are confirmed participants, with many others expected to join. Notably, TriCab, a notable supplier of high-performance flexible cables, has confirmed its sponsorship renewal for 2025. The resources industry in PNG has consistently driven economic growth, having produced vast quantities of gold, copper, silver, nickel, and oil and gas since the 1900s.
As of 2025, business activity is thriving, particularly following the significant Angore gas development achieved by partners, including Santos, ExxonMobil, and Kumul Petroleum Holdings. This project has unlocked a resource of one trillion cubic feet of natural gas, potentially supplying 350 million standard cubic feet per day to ensure the stability of PNG LNG production. Since commencing production in April 2014, PNG LNG has delivered over 83 million tonnes of LNG to Asian markets, with an investment exceeding $19 billion celebrating its tenth anniversary in 2024 and routinely surpassing its production capacity by 30%.
Santos’ Managing Director, Kevin Gallagher, noted that this production success exemplifies the robust nature of PNG’s gas resources, especially in Hela province. The company also aims to advance additional gas developments, intending to prepare the Agogo and Moran operations for investment decisions by 2026, which could yield an additional 125 million standard cubic feet per day. Exploration activities at the Hides Footwall well may further boost production by 160 million standard cubic feet.
Moreover, gas fields such as P’nyang, Muruk, and Juha are poised to support PNG LNG production, indicating a favourable landscape for Santos and similar companies. Gallagher emphasized the extensive development options available, stating, “This is a great position for Santos and PNG LNG to be in – we are spoilt for choice with no shortage of healthy upstream development options to keep our LNG infrastructure full.”
The prospect of significant upcoming developments has attracted considerable interest from industry professionals towards the PNG Expo.
In conclusion, the Papua New Guinea Industrial and Mining Resources Exhibition highlights the substantial opportunities in the country’s energy sector. With key players actively developing gas resources and thriving projects like PNG LNG, the Expo serves as a critical venue for networking and business expansion. The growing interest and investment in PNG’s resources underline its strategic importance in the Asia-Pacific energy landscape, making the upcoming Expo a pivotal event for stakeholders in the industry.
Original Source: www.pipeliner.com.au
