Papua New Guinea’s transformational PNG LNG project has been exporting gas to Asian markets since 2014. But what’s next for the project and its developer, ExxonMobil? Business Advantage PNG speaks with Andrew Barry, the Managing Director of ExxonMobil PNG Limited, to find out.
Ok Tedi mine reopens after drought causes suspension, Kumul Petroleum renegotiates UBS loan for Oil Search shares and Steamships announces 11% profit increase. Your weekly digest of the latest business news.
New Trade Commissioner to Taiwan, new Executive Chairman at New Guinea Energy
Steamships’ Chairman retires, a new ANZ CEO for Cook Islands
Agriculture Minister says annual investment in agriculture is just K150 million a year, call for mining sector style tax incentives for agriculture, and Leaders’ summit critically important, says O’Neill. Your weekly digest of the latest business news.
Banks vie to renew government’s loan for shares in Oil Search, structural faults in Phase One of new Lae port, OK Tedi to resume operations next month. Your weekly roundup of the latest business news.
Work on Lae’s Huon Industrial Park has been accelerated while stage two of the Lae Port development is on track to start by mid-2016, says Stanley Alphonse, the CEO of PNG Ports Corporation.
Retirement at KPMG, a new Chief Secretary to the PM, new Managing Editor for Business Advantage International and a deputy police commissioner appointed
A four-year A$ 1.7 million (K3.6 million) project has begun to map out how to revive Papua New Guinea’s dormant sea cucumber industry.
Some of the world’s best cacao is growing in Papua New Guinea and is being increasingly used in the high-end global chocolate market. Susan Gough Henly reports on why one Australian chocolate maker uses only PNG beans.