Papua New Guinea’s National Executive Council recently approved the framework for the ‘most significant’ fiscal and regulatory reform since independence, Petroleum Minister Jimmy Maladina confirmed at the 2025 PNG Petroleum & Energy Conference in Port Moresby earlier this month. Business Advantage PNG outlines the key details of this new policy.
The highly anticipated Papua LNG project is expected to reach a final investment decision in early 2026. This week, senior representatives of project lead TotalEnergies and the PNG government signalled that an FID is drawing closer.
PEC 2025 promises opportunities for knowledge-sharing, networking and collaboration in one of the region’s most dynamic energy markets. We preview the event taking place in Port Moresby on 8 and 9 October.