New Port Moresby power plant to be online during early 2019, US equity firm bids A$13.5 billion for Santos, and PNG Post keen to diversify. Your weekly digest of the latest business news.
Search Results for: Papua LNG
In brief: Gas from PNG LNG plant to feed the Port Moresby grid in early 2019, and other business stories
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4 Apr 2018 by Leave a Comment
Central bank Governor calls for plan to make Papua New Guinea self-sufficient in food
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3 Apr 2018 by 6 Comments
The Governor of the Bank of Papua New Guinea has called for a national plan to make the country self-sufficient in food production, with capacity for export. Loi Bakani outlined his proposal at last month’s National Planning Consultative Summit in Lae.
Papua New Guinea Earthquake Update: relief efforts continue as Restoration Authority established
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28 Mar 2018 by Leave a Comment
The Papua New Guinea government has set up a new authority to oversee the restoration of services and infrastructure, following the February 26 earthquake. As humanitarian relief work continues, analysts expect GDP to fall slightly.
Economic update: major projects will be crucial for Papua New Guinea’s economy
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13 Mar 2018 by Leave a Comment
The fate of some major projects will be critical for the future of the Papua New Guinea economy over the next decade. In the second of a two-part series, Andrew Wilkins discusses the implications.
Earthquake to have ‘huge impact’ on Papua New Guinea economy, says Prime Minister
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7 Mar 2018 by Leave a Comment
Last month’s earthquake in Papua New Guinea will have a ‘huge impact’ on the economy, says Prime Minister Peter O’Neill. The death toll is rising, the extent of the destruction and disruption to services and businesses is still being assessed, and the damage to the PNG LNG project is expected to affect government revenues.
In brief: Quake damage in LNG and Ok Tedi mining areas, and other business stories
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28 Feb 2018 by Leave a Comment
ExxonMobil, Oil Search close LNG production facilites after quake, analysts expect kina to fall ‘over the near-term’, and agreement being finalised to allow Philippines farmers to grow rice in PNG. Your weekly digest of the latest business news.
Economic update: slow but steady resurgence in the Papua New Guinea economy
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27 Feb 2018 by 1 Comment
Papua New Guinea is getting its house in order as it anticipates a period of stronger economic growth, driven in part by significant new investment in mineral production and infrastructure. In the first of a two-part series, Andrew Wilkins discusses its economy with business leaders and assesses where it is most likely to head.
In brief: KPH and Total to market LNG sales jointly, and other business stories
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13 Feb 2018 by Leave a Comment
Joint venture to sell Papua LNG output, Second mining lease issued in Bougainville, Cabinet approves Ramu Two project. Your weekly digest of the latest business news.
Kina CEO says global economy picking up but Papua New Guinea still faces challenges
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6 Feb 2018 by Leave a Comment
Greg Pawson, the newly appointed Chief Executive of Kina Securities, has said that the world economy is showing signs of recovery, which will have a positive effect on the economy. But he believes that Papua New Guinea still faces big structural challenges.
Oil prices up and gold stronger: a monthly review of Papua New Guinea’s commodity and financial markets
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30 Jan 2018 by Leave a Comment
Oil prices continue their rise but LNG prices have eased. Cocoa and palm oil prices are slightly stronger. Business Advantage PNG’s monthly overview of commodity and financial markets.
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