Papua New Guinea’s largest retailer, the CPL Group, does not plan on allowing a slowdown in the marketplace get in the way of its strategy for growth, Chairman Mahesh Patel tells Business Advantage PNG.
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Opinion: How Papua New Guinea can lessen the impact of falling energy prices
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11 Mar 2015 by Leave a Comment
Progress in fostering economic and social development is threatened by the recent drop in global energy prices. Paul Barker provides practical ways to minimise the impact of the downturn.
Accountability the key to success of Papua New Guinea’s Sovereign Wealth Fund
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25 Feb 2015 by Leave a Comment
Papua New Guinea’s Parliament is likely to approve establishing the long-awaited Sovereign Wealth Fund by June, after unanimously voting for its enactment at its first reading last week.
In brief: PNG LNG project reaches ‘financial completion’, and other business stories
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11 Feb 2015 by Leave a Comment
PNG LNG project satisfies financial agreements, PNG Ports profits double, and Indochine Mining raises funds. Your weekly digest of the latest business news.
InterOil win clears way for Total’s participation in Papua New Guinea’s Elk/Antelope gas project
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11 Feb 2015 by 4 Comments
The International Court of Arbitration of the International Chamber of Commerce yesterday dismissed Oil Search’s claims over 40% of the Elk-Antelope gas field in Papua New Guinea’s Gulf Province.
What we’ve learned in Papua New Guinea: ExxonMobil’s departing MD reflects
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27 Jan 2015 by 3 Comments
With construction and first shipment of gas completed ahead of time, the giant ExxonMobil-led PNG LNG project has proven Papua New Guinea is a viable place to carry out major resources projects. In this exclusive valedictory interview with Business Advantage PNG, outgoing ExxonMobil PNG Managing Director Peter Graham reflects on the lessons learned.
In brief: PNG LNG project plans investment decision on third train in 2017, and other business stories
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21 Jan 2015 by
PNG Government signs agreement with PNG LNG project partners, UN expects significant economic growth in PNG, and National Petroleum Company to revise annual plan following oil crash. Your weekly digest of the latest business news.
Opinion: using gas to develop Papua New Guinea’s economy
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20 Jan 2015 by 1 Comment
Exporting all future PNG gas extract for income may not be the best use of this remarkable resource. LNG should also be used for domestic power consumption and petrochemical feedstock to boost industry and provide much-needed jobs, argues Petroleum Operations Advisor to the World Bank, Michael McWalter.
Talisman Energy prepares to drill at Papua New Guinea’s Stanley gas project
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19 Jan 2015 by 3 Comments
Despite a takeover of its Canadian parent by Spanish energy company, Respol, it’s business as usual for Talisman Energy PNG as it develops the Stanley gas field. Vice President and General Manager Grant Christie explains to Business Advantage PNG what 2015 holds.
What’s on the agenda for Papua New Guinea business in 2015?
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14 Jan 2015 by Leave a Comment
As Papua New Guinea enters 2015, changes in the global economy are likely to present major challenges, while local investment in infrastructure continues. Business Advantage PNG looks ahead to consider what 2015 may bring business.
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