James Marape, PNG’s Prime Minister, speaks exclusively about PNG’s next decade of economic growth, which he describes as potentially the most exciting in the nation’s history.
Resources boom to usher in ‘the most exciting ten years’ for Papua New Guinea: Prime Minister Marape
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31 Jan 2024 by Leave a Comment
Economic update 2023: Papua New Guinea’s year of gearing up
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28 Mar 2023 by 3 Comments
With the worst of the COVID pandemic behind it, Papua New Guinea is preparing itself for a decade of sustained economic growth. While the investments that will drive this growth are still being finalised, business leaders tell Business Advantage PNG the country is already starting to get ready.
Marape flags new resources regime for Papua New Guinea
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7 Dec 2022 by Leave a Comment
Opening the 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney, Prime Minister James Marape has warned investors that changes are coming to Papua New Guinea’s resources regime.
Papua New Guinea’s LNG roadmap clearer following signature of P’nyang gas agreement
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23 Feb 2022 by Leave a Comment
With a gas agreement finally executed for the US$10 billion ExxonMobil-led P’nyang gas project, and a start date provided for front end engineering and design for TotalEnergies’ Papua LNG project, Papua New Guinea’s energy sector now has a clear roadmap for the rest of the decade.
In brief: Taking back Papua New Guinea’s forestry sector and other business stories
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24 Nov 2021 by 1 Comment
Forestry Minister unveils plans to ‘take back the forestry sector’, Minister for Fisheries says funding is needed for the Pacific Maritime Industrial Zone and the Chamber of Mines and Petroleum questions gold refinery and mint project in Papua New Guinea. The business news you need today.
Papua New Guinea’s P’nyang LNG project: what we know so far
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13 Oct 2021 by Leave a Comment
‘Heads of agreement’ have been reached for the ExxonMobil-led P’nyang gas project in Papua New Guinea’s Western Province. Business Advantage PNG looks at what this means for the project’s future development.
Fabrication of Papua New Guinea’s new gas projects could be done in-country
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29 Sep 2021 by 3 Comments
A new fabrication facility being planned to support the next wave of gas projects in Papua New Guinea could create as many as 15,000 jobs and enable Papua New Guinea to compete for regional work, according to Wapu Sonk, Managing Director of Kumul Petroleum.
ExxonMobil and Papua New Guinea to restart P’nyang gas project negotiations
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25 Aug 2021 by 2 Comments
After the stalling of previous talks, ExxonMobil and the Papua New Guinea government have announced negotiations are recommencing for the P’nyang gas project.
Forum hears of challenging business conditions in Papua New Guinea
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26 May 2021 by Leave a Comment
The Australia–Papua New Guinea Business Council is holding its 36th business forum and trade expo this week in Brisbane. Business Advantage PNG reports from the event, which is both a physical and online event this year.
In brief: Papua New Guinea’s BSP approved for ASX listing and other business stories
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24 May 2021 by 1 Comment
BSP Financial Group Limited receives approval to list on the ASX; a new State Negotiating team to be reappointed to the P’nyang gas project, and Joint post-referendum talks between government and Bougainville fruitful. The business news in brief.
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