Mining/petroleum

What the oil price shock means for Papua New Guinea

11 Mar 2020 by David James

Analysts have contrasting views on the effect of the oil price war between Russia and Saudi Arabia on long-term oil and gas projects in Papua New Guinea. David James considers these, and the likely impact on domestic petrol and diesel prices.

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Oil Search’s Peter Botten: the exit interview

4 Mar 2020 by Paul Chai Leave a Comment

The departing Oil Search Managing Director tells Business Advantage PNG he remains positive about Papua New Guinea’s economic future, saying that LNG investment can help fund a stronger, more diversified economy. And he has some parting advice.
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Papua New Guinea falls in global mining rankings survey

3 Mar 2020 by Business Advantage PNG Leave a Comment

Papua New Guinea's mining sector recorded its lowest result for five years in the Fraser Institute's annual Investment Attractiveness Index. We consider the reasons, and their impact on PNG's global competitiveness.
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LNG’s role in Papua New Guinea’s foreign exchange challenges

17 Feb 2020 by David James Leave a Comment

The lack of foreign exchange is having a deep impact on Papua New Guinea's financial system. A new World Bank report shows that mining is the biggest generator of foreign exchange in PNG, but what about LNG projects?
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Will Papua New Guinea slip to the back of the LNG queue?

12 Feb 2020 by David James Leave a Comment

The suspension, at least for now, of negotiations over the P’nyang LNG project, has raised issues about the investment environment in Papua New Guinea and the issue of risk, according to analysts.
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Back on track: Wafi-Golpu stalemate ends

12 Feb 2020 by Business Advantage PNG 1 Comment

The court deadlock over the Wafi-Golpu project has ended with the National Court in Lae throwing out the injunction relating to the Memorandum of Understanding (MOU) that had brought the project to a halt. It opens the door for a potential US$5.4 billion (K18 billion) investment into Papua New Guinea.
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P’nyang project cost competitive and still likely to go ahead, say analysts

3 Feb 2020 by David James Leave a Comment

What is likely to happen with the P’nyang gas project? Resources analysts say that it is cost competitive in world terms, and examine some of the options that the players have.
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Papua New Guinea Government calls halt to P’nyang LNG negotiations

3 Feb 2020 by David James Leave a Comment

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'.
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Prime Minister Marape confident of a ‘five train’ LNG future in Papua New Guinea

31 Jan 2020 by Paul Chai Leave a Comment

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.
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Papua New Guinea government sets ‘walk away’ date for P’nyang negotiations

22 Jan 2020 by David James Leave a Comment

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.
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Mining/petroleum

What the oil price shock means for Papua New Guinea

Oil Search’s Peter Botten: the exit interview

Papua New Guinea falls in global mining rankings survey

LNG’s role in Papua New Guinea’s foreign exchange challenges

Will Papua New Guinea slip to the back of the LNG queue?

Back on track: Wafi-Golpu stalemate ends

P’nyang project cost competitive and still likely to go ahead, say analysts

Papua New Guinea Government calls halt to P’nyang LNG negotiations

Prime Minister Marape confident of a ‘five train’ LNG future in Papua New Guinea

Papua New Guinea government sets ‘walk away’ date for P’nyang negotiations

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Editor’s picks

Papua New Guinea in lockdown: what it means for you and your business

In brief: African swine fever reaches Papua New Guinea and other business stories

Papua New Guinean Young Guns [Part 2]

Oil collapses, copper and cocoa also down: a monthly review of Papua New Guinea’s commodities and financial markets

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