巴布亚新几内亚天然气探明储量超过20万亿立方英尺，已建成产能为800万吨/年的PNG LNG项目，并规划建设Papua LNG、KPHL FLNG等新项目，预计2030年总产能达到1500万吨/年。中国石油、中国石化、中国海油三家中国大型石油公司均以不同形式进入巴新参与石油天然气开发。中国企业参与巴新LNG项目具备显著的资金、技术和工程优势，且与中国LNG进口需求高度契合。巴新与中国关系良好，天然气储量丰富，政府支持LNG项目，但面临基础设施薄弱、土地权属纠纷、地缘政治风险等挑战。建议中资企业在巴新探索和创造油气行业投资的最佳实践，路径包括与国际石油公司合作共担风险、发挥中国企业在石油设施模块化建设方面的优势能力、树立中资企业品牌良好形象。

Papua New Guinea (PNG) possesses over 20 trillion cubic feet of proven natural gas reserves.The country has completed the PNG LNG project with an annual capacity of 8 million tons and is planning such additional projects as Papua LNG and KPHL FLNG,with total capacity expected to reach 15 million tons per year by 2030.All three major Chinese oil companies,CNPC,Sinopec,and CNOOC,have entered PNG market through various partnerships to participate in its oil and gas development.Chinese company’s involvement in the PNG LNG project demonstrates significant financial,technical,and engineering capabilities while aligning with China’s LNG import demands.While PNG maintains good relations with China,boasts substantial gas reserves,and offers government support for LNG projects,it also faces challenges including inadequate infrastructure,land tenure disputes,and geopolitical risks.Chinese-invested enterprises should explore and develop the best practices for their investing in the oil and gas sector including collaborating with international oil companies to share risks,leveraging China’s expertise in modular oil facility construction,and cultivating positive corporate image.