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Papua New Guinea repaid its $16 billion LNG debt six months early, boosting national credibility and future investment.
Papua New Guinea has fully repaid the $16 billion debt for its PNG LNG project six months early in December 2025, thanks to strong production, cost control, and high global LNG prices.
The milestone clears a major financial hurdle, allowing future revenues to flow directly to shareholders, including the state-owned Kumul Petroleum Holdings.
Prime Minister James Marape called it a win for national credibility in attracting investment.
The repayment strengthens PNG’s ability to finance upcoming projects like Papua LNG, though the country continues to rely on joint ventures rather than a national oil company, leaving ongoing challenges around equity, landowner benefits, and revenue stability.
Papua Nueva Guinea pagó su deuda de $ 16 mil millones de GNL seis meses antes, aumentando la credibilidad nacional y la inversión futura.