A commitment by TotalEnergies, operator of the Papua LNG Project, to provide the PNG government with a National Content Plan in September, will ensure PNG businesses receive their fair share of preparatory early works contracts, which will be awarded this month.
Strata titles are the start of a wide-ranging agenda of land reforms to help Papua New Guineans access the value of their land.
Papua New Guinea’s landowner companies have been around for a while, but the current resources boom—particularly the PNG LNG Project—has significantly increased their opportunities.
The PNG LNG Project has led to the creation of new landowner companies.