Date announced for Papua LNG gas agreement in Papua New Guinea

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Papua New Guinea’s Prime Minister Peter O’Neill has announced a date for the signing of the gas agreement for the Papua LNG project. Opening the Papua New Guinea Petroleum and Energy Summit in Port Moresby yesterday, he also outlined some of the key elements that the agreement will contain.

In brief: Silencing Facebook, and other business stories

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When social media gets shut down; what next for Total; and a proposed merger of  two seafood companies. Your weekly digest of the latest business news.

Six questions for Philippe Blanchard, Managing Director, Total E&P PNG

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Papua New Guinea’s second LNG plant is expected to be ready by 2023-2024, according to Total Managing Director, Philippe Blanchard. He told Business Advantage PNG the company is also keeping its eyes open for other energy plants in PNG.

Economic update: major projects will be crucial for Papua New Guinea’s economy

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The fate of some major projects will be critical for the future of the Papua New Guinea economy over the next decade. In the second of a two-part series, Andrew Wilkins discusses the implications.

In brief: KPH and Total to market LNG sales jointly, and other business stories

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Joint venture to sell Papua LNG output, Second mining lease issued in Bougainville, Cabinet approves Ramu Two project. Your weekly digest of the latest business news.

What can Papua New Guinea business look forward to in 2018?

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As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.

In brief: Total to build separate LNG pipeline, and other business stories

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Competition concerns prompt Total to build separate LNG pipeline, NICTA chief admits PNG has no cyber attack defence mechanisms, and BCL to step up community engagement. Your weekly digest of the latest business news.

Total close to decision on cooperation with PNG LNG plant, says MD Blanchard

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The operator of the second Papua New Guinea LNG project says overcoming technical and environmental issues will determine if Total joins the existing PNG LNG trains. Managing Director, Philippe Blanchard, says a decision will be made within the next 5-6 months.

Total aiming to start Papua LNG production in 2022/23, says Blanchard

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Philippe Blanchard, Managing Director of Total E&P PNG – operator of the Papua LNG project – tells Business Advantage PNG that production for the project is expected to begin in 2022/2023. He says Total is using local labour and companies as much as possible.

Papua New Guinea’s resources sector still has some ‘bright stars’, says Anderson

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Times are undoubtedly tough in Papua New Guinea’s mining and petroleum sector, but as the industry prepares for its biennial conference in Sydney in December, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG there are still ‘bright stars’ to get excited about.