Papua LNG project moves to FEED stage: what’s next?

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The TotalEnergies-led Papua LNG gas project in Papua New Guinea has officially entered its FEED [front end engineering and design] stage – the last major stage before the $US10 billion project is given a green light. We look at what happens next.

In brief: Papua New Guinea’s potential to become the Pacific’s ‘Powerhouse’ and other stories

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Latest ANZ Pacific Report highlights Papua New Guinea’s economic potential, Santos posts record production largely due to PNG and a new partnership between Paradise Foods and PHAMA Plus. Your business news in nutshell.

What business opportunities will flow from the Papua LNG project?

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More details have been revealed about the planned TotalEnergies-led Papua LNG gas project and how businesses can get involved.

Kumul Petroleum moves to increase Papua New Guinea’s stake in PNG LNG project

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State-owned Kumul Petroleum has made an offer to purchase a further five per cent of the PNG LNG project from Santos. The US$1.4 billion move looks set to position it to play a greater role in the future of Papua New Guinea’s oil and gas sector with global LNG demand increasing.

People moves: Kumul Petroleum, Santos

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Kumul Petroleum Holdings Limited fills in Chief Operating Officer position and Santos announces People & Culture Partner.

In brief: new National Elections dates and other business stories

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BSP Financial Group announces Q1 results, Qantas Airways resumes flights to Papua New Guinea and Lole Mining gets mining lease for ambitious project in Central Province. The business news you need today.

In brief: ICCC approves Telstra’s acquisition of Digicel and other business stories

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Green light for Telstra’s acquisition in Papua New Guinea, Newcrest posts disappointing six month results and flights to Lihir Island resume. The business news your need this week.

In brief: new rules for international travellers visiting Papua New Guinea and other business stories

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Vaccination requirements and 60-day approvals for international travellers, PNG DataCo gets over K60 million worth of Telikom assets and Santos strikes deal with newly minted joint venture. The business news you need today.

In brief: Papua New Guinea’s foreign exchange reserves up and other business stories

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Head of bank comments on foreign exchange improvement at the end of last year, alluvial mining reserved for Papua New Guineans. and Santos reports record profits. The business news you need today.

People moves: Bank of Papua New Guinea, Paradise Foods, Fortescue, OTML, Santos, MiBank, Credit Corp

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Changes at the Bank of Papua New Guinea, Paradise Foods announces new CEO, change at Fortescue Metals, Ok Tedi Mining Ltd (OTML) welcomes new board member, Santos appoints Chief Financial Officer, MiBank gets Independent Directors, and Credit Corp announces Non-Executive Director.