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FIRST GAS SHIPMENT – PNG LNG PROJECT

0n 4th May 2014, the PNG LNG Project celebrated the milestone achievement of shipping its first ever LNG project gas and Kumul Petroleum as a significant project partner celebrated this event. This milestone will go down the history of PNG as the first ever LNG product being developed and processed onshore and sold to international markets. Kumul Petroleum is proud to be a partner representing all Papua New Guineans in this significant business history.

Kumul Petroleum OPENS NEW OFFICE

The company also recently moved its administrative operations to a brand new office located in the heart of business district, at Douglas Street, Down Town, Port Moresby with the official opening on the 16th May, 2014. Prime Minister Hon Peter Oneil officially opened the new office with a ribbon cutting ceremony.

At the same time it was able to fill most of its strategic and substantive position within the first 12 months of operation as a company following NEC Decision to reinstate on 30th January, 2013.