In Brief: Bougainville Copper Limited says there is interest in reviving the Panguna Mine and other business stories

Nine members of Papua New Guinea's Parliament resigned from the People's National of Congress, Bougainville Copper Limited said there is interest to revive the Panguna mine, and rice harvesting commenced at Rangiampun in Umi. Your weekly digest of business news.
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Bank of Papua New Guinea urges tougher stance on new resources projects

The March Monetary Policy Statement from the Bank of Papua New Guinea has urged the government to rethink the way it negotiates concessions and tax exemptions with new resources projects. Taking a strong position, it points to how previous agreements have been a factor in foreign exchange shortages and adverse trends in government finances.
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US$10 billion Papua LNG agreement signed between Papua New Guinea government and developers

The Papua New Guinea State has signed the gas agreement for the US$10 billion (K33.7 billion) Papua LNG project with Total, ExxonMobil and Oil Search. The project, which will double PNG's gas production, represents the second-largest foreign direct investment ever in the country.
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In Brief: signing of the Papua LNG project agreement deferred and other business stories

The signing of the Papua LNG project deferred, PNG LNG signs Singapore deal, and Minister flags new Mining Act. Your weekly digest of the latest business news.
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