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.