Papua New Guinea’s national oil and gas company plan to increase household electrification and encourage growth in remote locations. Its Managing Director, Wapu Sonk, has revealed the company plans to diversify and focus on more downstream activities in order to maintain revenues.
Search Results for: Papua LNG
Kumul Petroleum’s ambitious plans to boost electrification in Papua New Guinea
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29 Apr 2019 by Leave a Comment
Both oil and gas prices strengthen: a monthly review of Papua New Guinea’s commodities and financial markets
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29 Apr 2019 by Leave a Comment
Oil continues to surge and gas prices show signs of recovery Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
In Brief: Papua New Guinea’s Prime Minister visit to China and other business stories
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28 Apr 2019 by Leave a Comment
Primer Minister Peter O’Neill travelled to China to attend a business forum, five Members of Parliament resigned and Oil Search outlined the terms of agreement of Papua LNG. Your weekly digest of business news.
The lessons we learned from Papua New Guinea’s last boom
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15 Apr 2019 by Leave a Comment
Papua New Guinea is on the verge of stronger growth after a number of quiet years. Michael Kingston, Chief Executive of diversified manufacturer K K Kingston, shares with Business Advantage PNG the lessons he learned from the country’s last boom.
In Brief: Papua New Guinea’s growth to rebound in 2019 and other business stories
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15 Apr 2019 by Leave a Comment
ANZ releases a positive economic outlook for PNG, James Marape resigns as Finance Minister and the Boluminski Highway in New Ireland province is open. Your weekly digest of business news.
Crime prevention in Papua New Guinea set to go high-tech
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12 Apr 2019 by Leave a Comment
Security firms are becoming more sophisticated in how they deter, monitor and apprehend individuals committing crimes, according to Laine Kidner, Chief Executive of consultancy Connected South Pacific. He also tells Business Advantage PNG that it’s important for businesses to understand why crime occurs in Papua New Guinea.
Bank of Papua New Guinea urges tougher stance on new resources projects
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10 Apr 2019 by Leave a Comment
The March Monetary Policy Statement from the Bank of Papua New Guinea has urged the government to rethink the way it negotiates concessions and tax exemptions with new resources projects. Taking a strong position, it points to how previous agreements have been a factor in foreign exchange shortages and adverse trends in government finances.
Gulf Province: Papua New Guinea Business Guide
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25 Mar 2019 by Leave a Comment
Gulf Province is located on Papua New Guinea’s southern coast. It has a concave coastline of large deltas that lead into the Lakekamu Basin, and has mountains and wide expanses of seasonally flooded grass plains stretching out from the Turama, Kikori, Purari and Vailala rivers. The province has about 500 kilometres of roads, mainly along the eastern coast and mountains.
Western Province: Papua New Guinea Business Guide
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22 Mar 2019 by Leave a Comment
Western Province is the largest province in Papua New Guinea by area. It shares a land border with the Indonesian province of Papua and a sea border with Australia. There are several large rivers that run through the province, including the Fly River, PNG’s biggest, and the Strickland and Ok Tedi Rivers. Lake Murray, PNG’s largest lake, is also in the province.
Southern Highlands Province: Papua New Guinea Business Guide
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22 Mar 2019 by Leave a Comment
Southern Highlands Province has lush, high valleys sandwiched between limestone peaks. Most of the natural vegetation is rainforest, with alpine woods and grasslands above 3000 metres. Swamps occur at all levels.
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