Improved access to finance could the rapid development of solar power, according to Jon Pittar, Managing Director of solar provider, Solar Solutions PNG. If the government is to achieve its energy goal of giving access to power to 70 per cent of the population by 2030, he believes solar-powered systems must be provided to rural communities.
Improving access to finance the key to solar power expansion in Papua New Guinea
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3 Jul 2018 by 3 Comments
Papua New Guinea using multiple energy sources to meet growing need
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18 Apr 2017 by 3 Comments
Papua New Guinea is taking a multi-pronged approach to its energy provision. Business Advantage PNG takes a look at the nation’s approach to meeting its power needs.
In brief: Chinese companies win bid to build Ramu 2 power project, and other business stories
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5 Apr 2017 by Leave a Comment
Two Chinese companies to build Ramu 2 power project, 95 per cent of logs sent to China, and Lae business leaders welcome ADB loan for key roads. Your weekly digest of the latest business news.
In brief: Vote on revised InterOil takeover bid in February, and other business stories
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18 Jan 2017 by Leave a Comment
InterOil shareholders to vote on revised takeover bid by ExxonMobil in February, government debt rises in September quarter, Oil Search and Kumul Energy to evaluate proposed power projects. Your weekly digest of the latest business news.
In brief: Supplementary Budget in January to address tax measures, and other business stories
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6 Dec 2016 by Leave a Comment
Treasurer says Supplementary Budget will review tax measures proposed in the 2017 Budget, sufficient geothermal power in PNG for years to come, and Philippines asked to ban fishing companies operating in PNG. Your weekly digest.
People moves: Kumul Minerals, Ernst & Young, Nautilus Minerals, Clarke Energy
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18 Oct 2016 by Leave a Comment
A new chairman at Kumul Minerals, a new tax partner at Ernst & Young, Nautilus Minerals appoints a new Company Secretary, Clarke Energy appoints its first PNG Sales Manager
In brief: Chief Secretary warns of ‘drastic cuts’ in 2017 Budget, and other business stories
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18 Oct 2016 by Leave a Comment
Chief Secretary says 2017 will be very tough, moratorium on beche-de-mer may be lifted soon, and PNG LNG spends K12 billion on local services. Your weekly digest of the latest business news.
In brief: Oil Search and ExxonMobil buy gas licences in Gulf, and other Papua New Guinea business stories
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14 Sep 2016 by Leave a Comment
Oil Search and ExxonMobil buy into gas licences in Gulf of Papua, Sir Mick Curtain, founder of Curtain Bros, dies, and trade disagreement with Fiji resolved. Your weekly digest of the latest business news.
Oil Search reviewing costs as prices fall, but Botten says Papua New Guinea gas projects will be prioritised
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3 Feb 2016 by Leave a Comment
Declining oil prices have prompted a review of Oil Search’s activities, even as production hit record levels in 2015. Nevertheless, Papua New Guinea’s largest company says it is generating positive cash-flows and will be making a priority of future investment in the PNG LNG and Papua LNG gas projects.
In brief: Papua New Guinea’s rating outlook falls to negative with Moody’s downgrade, and other business stories
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20 May 2015 by
Moody’s lowers Papua New Guinea rating outlook, Australians banned from Bougainville, and PNG to commence free trade talks with China. Your weekly digest of the latest business news.
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