Last week’s revised gas agreement between the Papua New Guinea Government and the developers of the Papua LNG project sets a 15 December ‘drop-dead’ deadline for a final investment decision. Business Advantage PNG examines why the agreement was revised, what it means for the project’s ownership structure, and what steps remain to reach FID.
Final investment decisions on gas projects, a weaker kina and Starlink? Business Advantage PNG looks to the year ahead and considers what PNG-focused businesses can expect in the coming 12 months.
While the timing of a final investment decision on Papua LNG remains uncertain, Papua New Guinean businesses are busy preparing for an announcement. Business Advantage PNG reports.
Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary of independence. Business Advantage PNG spoke with the country’s top CEOs to learn more about current business conditions.
The newly appointed CEO of Port Moresby Nature Park shares his thoughts about the park and its future in this exclusive interview with Paradise, Air Niugini’s in-flight magazine.
The Business Advantage PNG editorial team was among the delegates at the 2024 Papua New Guinea Investment Week (formerly the Papua New Guinea Resources & Energy Investment Conference) in Sydney, held from December 8-11. Here are our top five takeaways from the event.
New President and Managing Director for ExxonMobil PNG, Kina Bank appoints new MD and CEO.
Could Papua New Guinea’s second gas project get the green light in 2025? In an exclusive interview with Business Advantage PNG, Arnaud Berthet, Managing Director of TotalEnergies EP PNG, outlines the Papua LNG project timeline and the activities left to complete on the road to FID.
Papua New Guinea has faced ongoing fuel supply challenges since August 2023, as a result of issues related to its largest fuel importer, Puma Energy. Islands Petroleum is one of a number of fuel companies that have ramped up capacity to help meet demand. Chief Executive Nathan Bluett says the company is now looking to grow further.
After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.