Papua New Guinea’s Prime Minister James Marape has announced the end of negotiations with ExxonMobil over the P’nyang gas agreement. The project’s developers have responded to his claims that there was ‘an unwillingness to agree to reasonable terms’.
As talks between ExxonMobil and Papua New Guinea’s State Negotiating Team over the P’nyang gas project reach their nominated ‘walk away’ deadline today, the Prime Minister, James Marape, has said he is confident that LNG will help underpin economic growth in the country for the next decade.
LNG and coffee prices have come off dramatically while oil is weaker. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
How the coronavirus is affecting business in Papua New Guinea, how to protect your business from it and business trends for 2020. Readings from around the world on business, leadership and management.
The CEO of the Manufacturers Council of Papua New Guinea, Chey Scovell, says the impending 31 January deadline on the use of plastic bags is causing confusion for local business.
The Internal Revenue Commission confirms Commissioner General, Westpac welcomes a new Chairman and Easy Skill PNG appoints a Business Manager.
Forestry industry says new export tax levy could spell the end, Wafi-Golpu Joint Venture to lay off employees and P’nyang negotiations edge towards deadline. The business news you need to kick-start your week.
ExxonMobil and the government-appointed State Negotiating Team have until the end of January to negotiate an agreement for the P’nyang gas project, says Minister for Petroleum.
Business Advantage International announces a new Senior Editor, Comrade Trustee Services welcomes a CEO, and PNG Ports Corporation appoints a Managing Director.
UN ruling addresses rising sea levels in the Pacific Islands, open plan offices result in less interaction and the future of retail tech. Readings from around the world on business, leadership and management.