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PNG LNG – Annual Sales Revenue

3 November, 2021
JMP Markets – Market Alert

 

PNG LNG – Annual Sales Revenue and Daily Volumes Estimates

An Educated Guess

Please find attached JMP Securities – PNG LNG – Annual Sales Revenue and Daily Volumes Estimates – An Educated Guess.

Estimates recently released by JMP Securities, show that the current aggregate revenues to the Kumul Petroleum Holdings Ltd (KPHL) from the project this year is between US$750 million and US$775 million (about K2.5 billion and K2.6 billion) based on the high prices currently being achieved.

The report also estimates that the cumulative revenues from the PNG LNG Project to KPHL since the start of operations in 2014 are in the order of US$5.1 billon (about K17.5 billion).

Download Full Report

Kind regards,

Lars Mortensen

General Manager
JMP Securities

Level 1, Harbourside West, Stanley Esplanade
Port Moresby, Papua New Guinea

 

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