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Papua New Guinea government to ‘stand behind’ Papua LNG gas agreement

Papua New Guinea's Petroleum Minister Kerenga Kua has announced that the National Executive Council (PNG's cabinet) has 'in principle' agreed to 'stand behind' the gas agreement signed in April for the US$10 billion (K33.7 billion) Total-led Papua LNG project.
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iPi Group eyes next phase of growth

The diversified iPi Group has grown up from its origins as a provider of services to the Porgera gold mine in Papua New Guinea. Chief Executive Officer Scott O’Reilly outlines his strategy to overcome tighter trading conditions to Business Advantage PNG.
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How PNG Forest Products is expanding operations in Papua New Guinea

PNG Forest Products started as a forestry company but is also now a full-fledged power company too. Managing Director Tony Honey tells Business Advantage PNG how the company is expanding its manufacturing, increasing exports and handling growth.
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Lae to become city of innovation and growth, says the President of LCCI

John Byrne, President of the Lae Chamber of Commerce and Industry (LCCI), tells Business Advantage PNG that despite foreign exchange shortages and poor roads, there is an upward trend in the city.
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World Bank offers cautious appraisal of Papua New Guinea’s economy

The World Bank has released its latest half-yearly appraisal of Papua New Guinea’s economy. It confirms PNG’s economy contracted last year but predicts it will bounce back over the next three years, subject to some ‘rising uncertainties’.
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