Papua New Guinea’s oil and gas sector continues to attract new entrants as its ExxonMobil-led PNG LNG liquefied natural gas project moves inexorably towards a production stage.
Posts by Business Advantage PNG
The sky is the limit as Papua New Guinea’s remotest province sets off on a remarkable course of sustainable development.
Farming expertise, rich soil and high rainfall are behind Papua New Guinea’s organic strength.
After strong performances in 2009 and 2010, the Port Moresby Stock Exchange (POMSoX) experienced a tough 2011, as did many bourses around the world.
The 28 million kina (US$12.7 million) Western Province Sustainable Aquaculture Project is the first sustainable fisheries project to be delivered in Papua New Guinea’s Western Province and it incorporates public, private and community partnerships with a strong regional development focus.
This comfortable 12-room lodge, built of local materials, has established a reputation for spectacular barramundi fishing (other species include ox eye herring and saratoga).
An ambitious and transformative project has commenced to bring 21st century communications to the rural areas of Western Province for the first time.
Mineral Resources Star Mountains (MRSM) is Western Province’s own example of the new breed of landowner company playing an increasingly entrepreneurial role in the nation’s economy.
PNG Microfinance Ltd plays a vital role in the economy of Papua New Guinea’s Western Province by mobilising savings and providing financial services to many small businesses that are not able to meet the lending criteria of the major banks.
On a visit to the Ok Tedi mine, we met with Nigel Parker, the man tasked with managing Ok Tedi Mining Limited through the final years of the mine’s life.