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TotalEnergies country head ‘very confident’ of Papua LNG final investment decision date

4 Dec 2024 by Leave a Comment
Could Papua New Guinea’s second gas project get the green light in 2025? In an exclusive interview with Business Advantage PNG, Arnaud Berthet, Managing Director of TotalEnergies EP PNG, outlines the Papua LNG project timeline and the activities left to complete on the road to FID. 
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Bank of Papua New Guinea issues new directive on forex order priorities

19 Nov 2024 by Leave a Comment
Authorised foreign exchange dealers must fully clear essential trade and services orders before executing any orders for non-essential items such as dividends, under a new directive issued by Papua New Guinea’s central bank. Business Advantage PNG finds out what this means for businesses.
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Land titles in Papua New Guinea’s breadbasket ‘open gates’ to agriculture investments

19 Nov 2024 by Leave a Comment
Papua New Guinea’s Morobe Province recently issued titles to landowner groups for a small percentage of the fertile Markham Valley. Grow PNG’s David Stewart tells Business Advantage PNG that this has sparked interest from third-party investors in what could become a case study for the development of the country’s agriculture sector.
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Bank of Papua New Guinea program aims to generate funds for green projects

23 Oct 2024 by 2 Comments
The Green Finance Centre was founded this year under the aegis of the Bank of Papua New Guinea, with the aim of creating a framework to facilitate investments in areas such as renewables and climate resilience. Its head Mohinesh Prasad shared the centre’s plans and progress in a speech to the 2024 Business Advantage PNG Investment Conference.
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Islands Petroleum stepping up to help meet Papua New Guinea’s fuel supply needs

23 Oct 2024 by 1 Comment
Papua New Guinea has faced ongoing fuel supply challenges since August 2023, as a result of issues related to its largest fuel importer, Puma Energy. Islands Petroleum is one of a number of fuel companies that have ramped up capacity to help meet demand. Chief Executive Nathan Bluett says the company is now looking to grow further.
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Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

23 Oct 2024 by Leave a Comment
After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.
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