The week's business news in summary. In Brief is sourced from a variety of Papua New Guinea and international media outlets as a service to our readers. Business Advantage PNG makes no claim for the veracity of third party sources.

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In brief: Papua New Guinea’s Prime Minister pledges to raise the country’s cash revenue to K15 billion

Prime Minister James Marape has made a pledge to raise Papua New Guinea's cash revenue to K15 billion over the next two years, Kumul Consolidated Holdings falls K400 million short from what was budgeted for 2019, and a reconciliation ceremony is proposed between the National Government and the Autonomous Region of Bougainville.
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In brief: Oil and Gas Act to be amended and other business stories

Changes to the Oil and Gas Act, Prime Minister James Marape has announced that he wants to get the Wafi-Golpu gold mine 'operational at the soonest', and opposition leader Patrick Pruaitch has presented a case to challenge Marape's election as prime minister. Your weekly digest of business news.
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In brief: Papua New Guinea approves progress of Pasca LNG project

Twinza Oil (PNG) to progress Pasca LNG project, Papua New Guinea's Prime Minister has said that a Supplementary Budget may be announced within the next few weeks, and the Coral Sea Cable project is nearing completion. Your weekly digest of business news.
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In brief: Papua New Guinea could renegotiate the terms of Papua LNG and other business stories

Papua New Guinea's Minister for Petroleum suggests there could be changes to the Papua LNG agreement, Prime Minister James Marape visit to Australia and Air Niugini to put a fleet replacement plan in place. Your weekly digest of business news.
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