Mining, Gas and Petroleum

Papua New Guinea’s mining sector is one of the nation’s strongest industries. Mining accounted for more than 7% of GDP in 2018 and the sector was responsible for 35% of the country’s export revenues.

Principal mineral exports were gold (24% of export value), copper (6 per cent), nickel (3 per cent) and cobalt (1.8 per cent). The largest mines are Ok Tedi (copper), Porgera (temporarily closed) and Lihir (gold) and Ramu (nickel).

Meanwhile, PNG’s petroleum industry has been the nation’s largest export industry since April 2014, when the PNG LNG project (operated by ExxonMobil) commenced production.

A second major project is the proposed US$13 billion Papua LNG project, which is headed by French major Total. The project will use gas supplied from the Elk-Antelope fields located in the Gulf Province

(Source: Doing Business in Papua New Guinea)

Please find below a listing of Papua New Guinea’s leading mining, gas and petroleum companies, including both majors and juniors. Includes the developers of existing projects such as PNG LNG, the Ok Tedi copper mine, the Lihir gold mine and the Ramu nickel mine, as well as those involved in prospective future resources projects such as Papua LNG, P’nyang, Wafi-Golpu, Pasca A and Frieda River.

ExxonMobil PNG Limited
ExxonMobil PNG Limited is the operator of the US$19 billion PNG LNG Project, an integrated development that is commercialising the gas resources of Papua New Guinea.
+675 309 7111
Kumul Petroleum Holdings Limited
Kumul Petroleum Holdings Limited (KPHL) is Papua New Guinea’s national oil and gas company (NOC).
+675 320 2253
Puma Energy Papua New Guinea
Puma Energy is the largest entity in downstream petroleum distribution in Papua New Guinea, with a geographic footprint of assets covering all market sectors, including 507,500k m³ of storage capacity, a presence at 11 airports and a network of 84 retail sites. In 2015, Puma Energy became the first local supplier of bitumen in PNG.
+675 309 9400
Total Oil PNG
We are active in Papua New Guinea in oil and gas exploration and production, and the marketing of petroleum product and related services.
+675 7999 6000
Oil Search Limited is the largest oil and gas exploration and development company incorporated in Papua New Guinea, which operates all of Papua New Guinea’s oilfields. 
+675 322 5599