Sufficient coal in Papua New Guinea to supply a 50-megawatt power station for 30 years, says Mayur Resources

A drilling campaign covering 1.5 km in the Gulf region has revealed there is enough high quality coal to run a 50-megawatt power station for 30 years, according to Paul Mulder, CEO of Brisbane-based unlisted miner, Mayur Resources.
Read More

In brief: BSP bid to buy Westpac Vanuatu rejected, and other business stories

Vanuatu's Reserve Bank rejects sale of Westpac Vanuatu to BSP, Airlines PNG invited to fly into Samoa and 'show cause' notice issued over slow progress of new Lae highway. Your weekly digest of the latest business news.
Read More

In brief: Sovereign Wealth Fund & Corruption Commission legislation before parliament, and other business news

Proposed Sovereign Wealth Fund reaches third reading stage, Air Niugini 'on track' for 50% sell-off, and second LNG plant to create 10,000 jobs. Your weekly digest of the latest business news.
Read More
advertisment...

Selecting sites for second Papua New Guinea LNG plant ‘difficult’, says Total’s Philippe Blanchard

The selection of the two key sites to develop Papua New Guinea’s Elk Antelope LNG fields was a difficult task, requiring a full set of studies to reach a decision, according to Philippe Blanchard, the Managing Director of Total PNG, the lead operator of the project.
Read More

How Papua New Guinea business is supporting the Pacific Games

This weekend, the Pacific Games commences in Port Moresby, attracting some 4000 athletes from across the Pacific, with events televised in each of the 24 participating countries. How has Papua New Guinea business made the most of the opportunity? Business Advantage PNG investigates.
Read More

In brief: Credit Corp profit down after completion of LNG plant, and other business stories

Credit Corp profit down, companies begin closing offshore foreign currency accounts, and new air navigation system to be installed across Papua New Guinea. Your weekly digest of the latest business news.
Read More

In brief: Port Moresby Chamber backs Northern Australia development for Papua New Guinea, and other business stories

Port Moresby Chamber applauds development of Northern Australia, Papua New Guinea well-placed on global LNG stage, and SP Brewery launches new brew. Your weekly digest of the latest business news.
Read More