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Delivering Energy Solutions
with Excellence

Overview of Our Company

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NLNGC Managing Director, Mr. Karl Yalo (second from left), with the Chinese LNG buyers from Guangdong Province, China and ExxonMobil LNG Plant management team
Niugini LNG Carrier Limited (NLNGC) was established to secure a strategic position in the LNG shipping operations of the ExxonMobil-led PNG LNG Project. Despite extensive efforts including endorsement from PNG Government to participate in the initial fleet of six LNG carriers, the shipping operator, Mitsui OSK Lines (MOL), declined NLNGC’s involvement as commercial structures were already operationalized.
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Notwithstanding MOL’s initial refusal, NLNGC remains committed to advancing Papua New Guinea’s role in the global LNG shipping industry by securing innovative financing and operational partnerships with global fleet management leaders to support future LNG projects, including Papua LNG and P’nyang LNG. This commitment is anchored on the mandate given to NLNGC by the PNG Government and the PNG LNG Shipping Policy.

Key Highlights

  • Established under PNG Government mandate for LNG shipping participation.
  • Strategic partnership with ICBC Leasing Co., Ltd. for vessel financing.
  • Collaboration with Hudong-Zhonghua Shipyard, Shanghai, China for new-build fleet for PNG.
  • Collaboration with global fleet management companies such as NYK and Mitsui OSK Lines.

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Learn More About Our Mission → 
NLNGC Funding Agreement Signing with ICBC Leasing in Sydney, 
attended by PNG Government leaders
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