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.
Mineral Resources Development Company (MRDC)
Pacific Lime and Cement has completed a number of construction milestones and locked in fresh backing from government and international partners in recent months. PLC Managing Director Paul Mulder tells Business Advantage PNG how these developments are shaping the countdown to first production.
With its National Content Plan approved, Twinza is working to reach a final investment decision on the Pasca A offshore gas project before Papua New Guinea enters election mode next year. Roppe Uyassi, Twinza’s CEO PNG, shares what’s ahead in this exclusive interview with Business Advantage PNG.
MRDC subsidiary Dirio Power is best known for its 45MW gas-fired power station in Central Province. But its focus extends well beyond gas – from solar mini-grids across Gulf and Southern Highlands provinces to developing infrastructure for other nation-building projects, as CEO James Nelson tells Business Advantage PNG.
New Chief Risk Officer at MRDC, new directors at BSP and Nasfund, new General Manager at Pacific Palms Property, new PNG High Commissioner to Fiji, and new UN Resident Coordinator in Papua New Guinea.
Arrivals into Port Moresby are expected to grow substantially in the coming years. Business Advantage PNG provides a roundup of the big investments being made by PNG’s hotel operators in anticipation of this growth.
Progress is being made on a planned expansion of the Ramu nickel-cobalt mine, but regulatory approvals may take some time, the Head of Asia-Pacific for Ramu joint-venture partner, Nickel 28, explains to Business Advantage PNG.
As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.
Papua New Guinea’s Mineral Resources Development Company is one of the country’s largest institutional investors, with more than K12 billion in assets under management. Its Chief Investment Officer and Deputy CEO John Tuaim revealed five areas where more investment is needed at this month’s 2025 Business Advantage PNG Investment Conference.
Speakers at this year’s 2025 Business Advantage PNG Investment Conference touched on a range of key themes, including the need to strengthen the country’s institutions and its ‘human capacity’, and provided updates on key projects such as PNG Power’s turnaround plan, major resources projects and the strategies of leading banks and financial institutions.