All eyes on Papua New Guinea’s offshore oil and gas

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Papua New Guinea is on track to become an offshore gas producer before the end of the decade, thanks to Twinza’s Pasca A project. There are also hopes of large offshore oil discoveries, with two separate drilling campaigns being planned in a prospective new offshore basin.

IPPs cautiously optimistic on PNG Power turnaround plans

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Independent power producers are key to PNG’s ambitious electrification goals. However, they may wait to see results from PNG Power’s turnaround plans before approving new investments, as Business Advantage PNG learns.

Papua New Guinea’s first integrated lime facility reaches FID

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Pacific Lime & Cement has taken a big step towards providing Papua New Guinea’s construction sector with a domestic alternative to costly imported materials, as its MD Paul Mulder explains to Business Advantage PNG.

Maru urges ‘new roadmap’ to unlock Papua New Guinea’s economic potential

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Richard Maru, Papua New Guinea’s Minister for International Trade and Investment, outlined the Marape-Rosso government’s wide-ranging plans to transform the economy in the opening speech at the 2025 Business Advantage PNG Investment Conference.

Papua New Guinea SOE reforms show progress, but work remains: ADB expert

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Papua New Guinea has taken positive steps to improve the performance of its state-owned enterprises, but further reforms are needed to deliver lasting gains, Laure Darcy, one of the Asian Development Bank’s leading SOE experts for the Pacific, tells Business Advantage PNG.

Bougainville Copper Limited CEO shares plans for Panguna mine redevelopment

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The Autonomous Bougainville Government now has majority control of Bougainville Copper Limited (BCL) and the Panguna mine after the PNG government formally handed over its share in June. In this interview with Business Advantage PNG, BCL CEO Johnny Auna shares key milestones for the multi-billion dollar redevelopment of the historic copper mine.

Papua New Guinean businesses urged to act on cybersecurity

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The risks to businesses in Papua New Guinea from cyber crime continue to rise as more business activity is conducted online. Business Advantage PNG gets some timely tips from one of KPMG’s top cyber experts on what you can do to protect your business, and also looks at how global payments giant Visa is working to protect online transactions.

Local voices, regional vision: how Communications Fiji is redefining media in the Pacific

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As media company Communications Fiji celebrates its 40th anniversary, its founder and Chairman William Parkinson sits down with Business Advantage PNG to reflect on his company’s rise from a single Suva radio station to a media powerhouse in both Fiji and Papua New Guinea.

Papua New Guinea cashing in on higher coffee prices

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All-time high coffee prices are bringing benefits to Papua New Guinean coffee growers and exporters, but also some challenges, as business leaders in the sector tell Business Advantage PNG.

Is Papua New Guinea’s forex crisis finally drawing to an end?

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Papua New Guinea’s major banks tell Business Advantage PNG they are now seeing a dramatic fall in foreign exchange backlogs. What’s driving this improved forex availability – and is a permanent solution to this critical business impediment at hand?