Editorial: Patience and persistence yields results in major resources projects

Welcome,

Looking back over the history of resources development in Papua New Guinea, the need for patience and persistence is clear.

‘Massive opportunity’ for private power producers in Papua New Guinea

Welcome,

Independent power producers are playing a key role in helping PNG move towards its ambitious electrification goals. But their viability will be in question until a dispute over payments is resolved.

In brief: PNG Power’s tariffs rise for the first time in a decade and other stories

Welcome,

Energy regulator announces an increase in power prices to support the rehabilitation of PNG Power, Nambawan Super threatens to lock out its government tenants and Wafi-Golpu negotations continue. Your business news in a nutshell.

Papua New Guinea’s cash-strapped power sector looks to reforms

Welcome,

Papua New Guinea’s independent power producers are owed in excess of K200 million by state utility PNG Power, which itself is facing revenue challenges, according to industry association, IP3. The situation is being made worse by rising global fuel costs.

Kumul Petroleum: getting power to the people

Welcome,

Kumul Petroleum Holdings has been working non-stop to assist the National Government reach its goal of connecting 70 per cent of Papua New Guinea’s population to electricity within the next eight years. Here’s how it’s advancing.

Plummeting prices of solar will ‘change the game’ in Papua New Guinea: President

Welcome,

Christian Lohberger, President of the Solar Association of PNG, updates Business Advantage PNG on all matters solar and why the future of Papua New Guinea’s renewables sector looks bright.

US funding for electrification in Papua New Guinea starts to ramp up

Welcome,

The project to connect 70 per cent of Papua New Guinea’s population to electricity by 2030 is making progress, according to senior officials from the United States-funded component, the USAID-PNG Electrification Partnership.

In brief: Papua New Guinea SOEs’ tax debt close to K700 million and other business stories

Welcome,

The Internal Revenue Commission’s potential plans for state-owned enterprises debt to be repaid, Fiji welcomes Kina Bank, and Link PNG’s proposed acquisition of PNG Air rejected again. The business news you need to know today.

The crisis of governance in Papua New Guinea’s power sector [analysis]

Welcome,

Michael Kabuni and Kingtau Mambonis from the University of Papua New Guinea, and Stephen Howes, Director of the Development Policy Centre, analyse the crisis afflicting Papua New Guinea’s power sector.

In brief: PNG Power workers demand clarity and other business stories

Welcome,

PNG Power workers protest lack of consultation and transparency, China delivers 200,000 doses of the Sinopharma vaccine to Papua New Guinea and Kina Asset Management Limited presents its annual report.