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Total aiming to start Papua LNG production in 2022/23, says Blanchard

28 Nov 2016 by 4 Comments
Philippe Blanchard, Managing Director of Total E&P PNG – operator of the Papua LNG project – tells Business Advantage PNG that production for the project is expected to begin in 2022/2023. He says Total is using local labour and companies as much as possible.
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In brief: Trade official asks why Papua New Guinea spends K5 million annually on imported clothes, and other business stories

22 Nov 2016 by Leave a Comment
Call for garment and textile sector to replace imported clothes, beneficiary groups intending to petition the Government over equity in PNG LNG, solar power could be the answer to Lae's power problems. Your weekly digest of the latest business news.
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Credit & Data Bureau improving financial accountability in Papua New Guinea, says MD Bruce Mackinlay

22 Nov 2016 by Leave a Comment
The World Bank’s Ease of Doing Business singled out a new private credit bureau as having ‘improved the credit information system in Papua New Guinea.’ Bruce Mackinlay, Managing Director of the Credit & Data Bureau, tells Business Advantage PNG that the organisation is improving the country's transparency and accountability.
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Increased production strengthens Crater Gold’s market position says MD Russ Parker

22 Nov 2016 by Leave a Comment
Production at Crater Mountain’s High Grade Zone provided junior mining company Crater Gold Mining with the stability it needed throughout difficult market conditions and provided capacity for exploration. Managing Director Russ Parker tells Business Advantage PNG the past few years have been extraordinarily difficult for junior explorers to raise capital to exploit their assets.
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High Commissioner Winnie Kiap highlights opportunities in Britain for Papua New Guinea coffee and cocoa producers

15 Nov 2016 by Leave a Comment
Papua New Guinea’s High Commissioner to the UK, Winnie Kiap, tells Business Advantage PNG that the coffee craze in the UK offers huge potential for PNG growers and producers, especially after two successful trade delegations have boosted awareness.
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InterOil ponders appeal after Canadian court upholds appeal against takeover by ExxonMobil

14 Nov 2016 by Leave a Comment
The Chairman of InterOil, Chris Finlayson, says the company is considering an appeal to the Supreme Court of Canada after a court upheld an appeal against the US$2.5 billion (K7.9 billion) sale of InterOil to ExxonMobil. Meanwhile, the man behind the appeal, Phil Mulacek, tells Business Advantage PNG he's open to dialogue.
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