State-owned Kumul Petroleum has made an offer to purchase a further five per cent of the PNG LNG project from Santos. The US$1.4 billion move looks set to position it to play a greater role in the future of Papua New Guinea’s oil and gas sector with global LNG demand increasing.
Lightspeed PNG is a fixed wireless and satellite internet provider in Papua New Guinea. The company was launched just prior to APEC in 2018 and offers internet, managed services and solar powered solutions to a number of urban and rural customers including Loloata Island Resort, Coffee Industry Corporation and Oil Search Foundation (Santos) Managing Director, Richard Broadbridge, shares with Business Advantage PNG the secrets behind its growth.
Paul Abbot has had a long career in Papua New Guinea’s aviation industry and recently joined national carrier Air Niugini as General Manager Commercial. He talks to Business Advantage PNG about his new role and the current state of the sector.
Now that business is almost back as usual in Papua New Guinea, the Business Coalition for Women (BCFW) is working on new programs that aim to achieve gender equality and inclusion in the country. BCFW’s Executive Director Evonne Kennedy speaks with Business Advantage PNG.
The growth of Papua New Guinea’s non-resources economy is giving major developers the confidence to invest in projects outside of Port Moresby, an expert panel told the recent Business Advantage Papua New Guinea Investment Conference.
Entrepreneur Janet Sios told the recent Business Advantage PNG Investment Conference about the secret of her success and what sectors might provide the best new opportunities.
If its two mining ‘mega projects’ – Wafi-Golpu and Frieda River – are delivered on schedule, Papua New Guinea will become one of the world’s major copper producers over the next thirty years, according to Jerry Garry, Managing Director of the country’s Mineral Resources Authority. However, he warns, PNG’s dependence on mining exports looks set to come to an end shortly thereafter.
Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.
The broadband satellite operator Kacific Broadband Satellites Group was created to deliver affordable and reliable internet to the Pacific and South East Asia. Business Advantage PNG spoke with CEO & Founder Christian Patouraux to discuss the future of satellite connectivity in the Pacific.
The Asian Infrastructure Investment Bank highlights China’s collaborative approach, but who’s benefiting from the bank? What’s its footprint in the Pacific? and what does a ‘greener’ future look its current and new projects? Devpolicy’s Senior Researcher, Cameron Hill, provides an overview.