Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together

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Papua New Guinea’s Prime Minister, James Marape, has insisted that the country’s proposed LNG projects, Papua LNG and P’nyang, will be dealt with as separate projects.

Fair split: finding an oil and gas model that works in Papua New Guinea

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Papua New Guinea is making changes to its approach to oil and gas projects, suggesting the country gets a worse share of revenues than other comparable nations. John Chambers, General Manager of Santos, considers some of the options used internationally.

Oil change: Marape to alter Papua New Guinea’s oil and gas legislation

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Prime Minister James Marape has introduced changes to Papua New Guinea’s oil and gas law, claiming it will benefit the country’s ‘national interest’. The changes may well represent a major shift in the way projects are developed in the future.

What the oil price shock means for Papua New Guinea

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Analysts have contrasting views on the effect of the oil price war between Russia and Saudi Arabia on long-term oil and gas projects in Papua New Guinea. David James considers these, and the likely impact on domestic petrol and diesel prices.

Papua New Guinea government sets ‘walk away’ date for P’nyang negotiations

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ExxonMobil and the government-appointed State Negotiating Team have until the end of January to negotiate an agreement for the P’nyang gas project, says Minister for Petroleum.

Gas and petroleum in Papua New Guinea: a sector profile

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A profile of the gas and petroleum sector in Papua New Guinea, including information on licensing and taxation, key players and major projects.

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Focus moves to P’nyang agreement after government endorsement of Papua LNG

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After the government’s endorsement of the Papua LNG Gas Agreement in September, attention has shifted to achieving a deal for the P’nyang gas project. Its developers see its pending approval as a prerequisite for the commencement of Papua LNG.

Santos to become a stakeholder in the P’nyang natural gas field project

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Santos has acquired a 13.5 per cent interest in the P’nyang natural gas field in the PNG LNG project in Papua New Guinea. Analysts are generally bullish on the move, saying the company now has a strong balance sheet and is set to meet its production targets.

In Brief: Santos announces plan to buy into P’nyang natural field gas in Papua New Guinea and other business stories

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Santos to become an stakeholder in the P’nyang natural gas field project, an agreement between five telecom companies seeks to advance digitisation in Papua New Guinea, and upgrades to the Muliama–to–Bakok road due to commence soon. Your weekly digest of business news.

Papua New Guinea’s fiscal regime for resources projects ‘fair,’ says Santos GM

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Papua New Guinea has a ‘fair and reasonable’ fiscal regime for resources when compared with its neighbours Australia and Indonesia, according to John Chambers, General Manager PNG for Santos. He outlines three approaches used around the world to deliver benefits from projects.