Papua New Guinea’s transformational PNG LNG project has been exporting gas to Asian markets since 2014. But what’s next for the project and its developer, ExxonMobil? Business Advantage PNG speaks with Andrew Barry, the Managing Director of ExxonMobil PNG Limited, to find out.
Papua New Guinea business getting serious about eliminating gender violence
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12 Jan 2016 by 1 Comment
There has been a significant change in attitude towards how Papua New Guinea businesses can contribute towards eliminating gender violence in the country in the past year. Business Advantage PNG looks at the innovative program being run by one of country’s leading landowner companies, Anitua.
In brief: BSP to finance PNG Ports’ new facilities at Motukea Island, and other business stories
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2 Dec 2015 by Leave a Comment
PNG Ports secures ‘landmark transaction’ with BSP for Motukea Island facilities, impact of kina’s exchange rate over-valuation analysed, and Harmony Gold confirms Kili Teke copper-gold discovery. Your weekly digest of the latest business news.
In brief: Tolukuma gold mine sale to lead to restart of operations, and other business stories
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14 Oct 2015 by 1 Comment
Singapore company aims to recapitalise and restart Tolukuma gold mine, NPCP to contribute K450 million to Supplementary Budget, and PNG Defence Force ventures into business. Your weekly digest of the latest business news.
In brief: US power and construction company eyes Papua New Guinea as next location, and other business news
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8 Jul 2015 by Leave a Comment
Pernix Group looks to expand into Papua New Guinea, European Investment Bank invited into PNG and Finance Minister says LNG is not ‘a waterfall’ of money.
Corporate organisations build on success of remote Papua New Guinea health initiatives
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24 Jun 2015 by Leave a Comment
Travel times to medical centres in remote parts of Papua New Guinea have been cut from three weeks to as little as three hours as a result of health initiatives introduced by Digicel’s PNG Foundation. Business Advantage PNG spoke to Foundation CEO Beatrice Mahuru to find out how this has been achieved.
In brief: new Bougainville Mining Act creates ‘uncertainty’ over Bougainville Copper’s rights, and other business stories
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6 May 2015 by Leave a Comment
Bougainville Copper to seek formal acknowledgment of Bougainville mining rights, Post PNG pays first dividend, and low-cost ‘squatter’ housing project in Fiji. Your weekly digest of the latest business news.
In brief: Salini-Impregilo to develop Papua New Guinea’s biggest hydro project, and other business stories
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29 Apr 2015 by
Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.
Opinion: falling LNG revenues require a new strategy for the Papua New Guinea economy
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15 Apr 2015 by 2 Comments
The fall in global oil and gas prices will reduce the Papua New Guinea government’s revenue by at least K1.1 billion in 2016. A new Budget strategy is needed, argue economists Stephen Howe and Paul Flanagan, who suggest a solution may lie in the government selling its Oil Search shares.
In brief: Treasurer Pruaitch calls for tighter regulations to prevent Kina falling, and other business stories
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1 Apr 2015 by Leave a Comment
Companies and dealers ‘adversely affected’ foreign exchange availability in Papua New Guinea, Bougainville Government considers large-scale mining, and Asian Development Bank commits K1.7 billion to PNG. Your weekly digest of the latest business news.
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