So, the Papua LNG project has been given the all-clear by Minister for Petroleum, Kerenga Kua. The debate about who ‘buckled’ and who kept their nerve will take place, no doubt, but the end of the government’s review into the gas agreement signed in April is to be welcomed.
Search Results for: Papua LNG
Oil Search’s InterOil acquisition to consolidate company as regional player in oil and gas
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25 May 2016 by 1 Comment
Oil Search, Papua New Guinea’s biggest company and largest non-government employer, looks set to consolidate its position as a major player in the Asia Pacific oil and gas market with its $US2.2 billion purchase of InterOil. Chief Executive of Oil Search, Peter Botten, says it will allow the company to be ‘hugely influential in the further development of our world class PNG LNG and Papua LNG assets.’
Editorial: Some reasons to be cheerful
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28 Aug 2025 by Leave a Comment
While doing business in Papua New Guinea is never without its challenges, there have been some positive developments regarding some of the most-persistent business impediments.
New factory has Pacific Industries bullish about the future
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7 May 2025 by Leave a Comment
A new K70 million plant represents a big step forward for Pacific Industries. Director Everett Chue tells Business Advantage PNG that the facility will also provide a range of benefits to his business.
MRDC’s managing director lays out investment strategy
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26 Mar 2025 by 3 Comments
This year, Mineral Resources Development Company (MRDC) will mark 50 years as the manager of the benefits paid to landowners and provinces from Papua New Guinea’s resources projects. In this exclusive interview with Business Advantage PNG, Managing Director Augustine Mano provides an update on the flagship Star Mountain Plaza project and other investment plans.
Twinza begins preparations for Pasca A final investment decision
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11 Feb 2025 by Leave a Comment
Twinza and the PNG Government signed the Gas Agreement for Pasca A last December. In this exclusive interview, Twinza’s Stephen Quantrill explains why he believes his firm now has enough certainty to prepare for FID.
Business Advantage PNG’s top 10 most-read articles in 2024
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2 Jan 2025 by Leave a Comment
Papua New Guinea’s foreign exchange shortages were at the centre of three of Business Advantage PNG’s top 10 articles in 2024. There was also high demand for stories on major resources projects, green financing and an Australian visa program that will enable PNG businesses to upskill their employees.
Editorial: Patience and persistence yields results in major resources projects
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23 Oct 2024 by Leave a Comment
Looking back over the history of resources development in Papua New Guinea, the need for patience and persistence is clear.
Four questions with Swire Shipping’s Randy Selvaratnam
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10 Sep 2024 by Leave a Comment
Randy Selvaratnam became Chief Commercial Officer for Singapore-based regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the prospects for growth in shipping volumes in and out of PNG, rising freight costs and the move to sustainable biofuels.
Niugini Assurance’s CEO lays out plans to continue its strong growth
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12 Sep 2023 by 3 Comments
Since launching as the new kid on the block in 2020, Nuigini Assurance has become a significant player in the country’s competitive insurance sector. Shareholder and interim CEO, Opi Loi, walks Business Advantage PNG through the key drivers of its success so far, and its plans for growth.
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