1) The first hurdle for this mega project is the financing. At $15 billion in commitments, the PNG LNG project finances -- the largest pure project debt facility to date in the energy sector -- taps a diverse set of funding sources including both tied and untied export credit agency facilities, a 16-strong club of commercial banks providing uncovered debt and sponsor co-financing. (PNG, 2010)
2) The second major hurdle would be serious breakdowns in law and order in the capital, Port Moresby, the Southern Highlands and other rural areas that may damage the government 's capacity to attract new investors to follow Exxon Mobil. The attempted assassination of PNG 's Ombudsman, Chronox Manek, in December has raised the prospect that violence in PNG may have evolved from opportunistic to politically motivated crime. Although foreign businesses with long experience in PNG are unlikely to be deterred, the publicity the events have received in
References: (2010). Papua New Guinea LNG: Covering all bases. Project Finance, 18. Retrieved from Business Source Complete database PAPUA NEW GUINEA: Security raises investment questions. (2010, February). Oxford Analytica Daily Brief Service,1. Retrieved June 19, 2010, from ABI/INFORM Global. (Document ID: 1968657891).