Open Letter Requesting to Engage with TotalEnergies, ExxonMobil, Santos and ENEOS to stop the Papua LNG project

A coalition of civil society organizations is urging 50 financial institutions to pressure TotalEnergies, ExxonMobil, Santos, and ENEOS to cancel the Papua LNG project. The letter argues the project is incompatible with the 1.5-degree goal of the Paris Agreement, lacks the Free, Prior, and Informed Consent (FPIC) of Indigenous Peoples, and employs insufficient biodiversity offsetting measures. The authors call for shareholders to vote against director re-elections, stop purchasing new bonds, and establish a time-bound divestment strategy if fossil fuel expansion continues.

• The Papua LNG project is deemed misaligned with the Paris Agreement's 1.5-degree goal, with expected lifecycle emissions of approximately 240 million MtCO2e. The authors cite the IEA's 2023 'Net Zero Roadmap', which states that no new coal, oil, or natural gas projects are needed to maintain a 50% chance of limiting warming to 1.5 degrees.
• The project has allegedly failed to secure 'Free, Prior, and Informed Consent (FPIC)' from affected Indigenous Peoples as required by the UN Declaration on the Rights of Indigenous Peoples. Concerns raised by the NGO CELCOR include a lack of accurate information on environmental and climate impacts, omissions in government landowner lists, and the presence of police at consultation meetings.
• Biodiversity offset measures are described as inadequate and in violation of the IFC's Performance Standard 6. While the project will clear 820 hectares of forest (including 662 hectares of primary forest), the operator's plan to plant 1,000 hectares of secondary forest is argued to be insufficient because secondary forests cannot restore the original biodiversity and hydrological values of primary forests.

APA

Reclaim Finance (2024). Open Letter Requesting to Engage with TotalEnergies, ExxonMobil, Santos and ENEOS to stop the Papua LNG project. https://reclaimfinance.org/site/wp-content/uploads/2025/01/Open-Letter-Requesting-to-Engage-with-TotalEnergies-ExxonMobil-Santos-and-ENEOS-to-stop-the-Papua-LNG-project.pdf

Chicago

Reclaim Finance. Open Letter Requesting to Engage with TotalEnergies, ExxonMobil, Santos and ENEOS to stop the Papua LNG project. 2024. https://reclaimfinance.org/site/wp-content/uploads/2025/01/Open-Letter-Requesting-to-Engage-with-TotalEnergies-ExxonMobil-Santos-and-ENEOS-to-stop-the-Papua-LNG-project.pdf.

Wikipedia

{{cite press release |author=Reclaim Finance |title=Open Letter Requesting to Engage with TotalEnergies, ExxonMobil, Santos and ENEOS to stop the Papua LNG project |date=20 January 2024 |url=https://reclaimfinance.org/site/wp-content/uploads/2025/01/Open-Letter-Requesting-to-Engage-with-TotalEnergies-ExxonMobil-Santos-and-ENEOS-to-stop-the-Papua-LNG-project.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{reclaimfinance2024open, author = {{Reclaim Finance}}, title = {{Open Letter Requesting to Engage with TotalEnergies, ExxonMobil, Santos and ENEOS to stop the Papua LNG project}}, publisher = {Reclaim Finance}, year = {2024}, month = jan, url = {https://reclaimfinance.org/site/wp-content/uploads/2025/01/Open-Letter-Requesting-to-Engage-with-TotalEnergies-ExxonMobil-Santos-and-ENEOS-to-stop-the-Papua-LNG-project.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }