Will Papua New Guinea slip to the back of the LNG queue?

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The suspension, at least for now, of negotiations over the P’nyang LNG project, has raised issues about the investment environment in Papua New Guinea and the issue of risk, according to analysts.

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Prime Minister Marape confident of a ‘five train’ LNG future in Papua New Guinea

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As talks between ExxonMobil and Papua New Guinea’s State Negotiating Team over the P’nyang gas project reach their nominated ‘walk away’ deadline today, the Prime Minister, James Marape, has said he is confident that LNG will help underpin economic growth in the country for the next decade.

US$10 billion Papua LNG agreement signed between Papua New Guinea government and developers

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The Papua New Guinea State has signed the gas agreement for the US$10 billion (K33.7 billion) Papua LNG project with Total, ExxonMobil and Oil Search. The project, which will double PNG’s gas production, represents the second-largest foreign direct investment ever in the country.

In Brief: signing of the Papua LNG project agreement deferred and other business stories

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The signing of the Papua LNG project deferred, PNG LNG signs Singapore deal, and Minister flags new Mining Act. Your weekly digest of the latest business news.

Boardroom briefing: Papua LNG tech, investment law reform, new airport lounges and cybercrime

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Papua LNG may be at the forefront of artificial intelligence use in Papua New Guinea, China’s proposed new foreign investment laws mirror PNG’s, premium pay-per-entry airport lounges, and cybercrime. Readings from around the world on business, leadership and management.

Production from Papua LNG in Papua New Guinea could start in 2024, says Total Managing Director

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French super major Total will look to have a final gas agreement with the Papua New Guinea government for the Papua LNG project by March 2019. If the project gets the final go-ahead, production should start in 2024, according to Jean-Marc Noiray, Managing Director of Total E&P PNG.

Prime Minister O’Neill tells APEC CEO Summit maintaining international trade rules critical

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The Prime Minister Peter O’Neill gave an upbeat take on the Papua New Guinea economy when opening the APEC CEO Summit. He pointed to the need for consistent trade rules, strong engagement with civil society and the community, and a focus on the opportunities offered by the digital economy.

In brief: Kina expected to weaken, and other business news

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Kina expected to weaken, Total aims for transparency, and Air Niugini defers planned flights to Shanghai. A weekly digest of the latest business news.

In brief: Air Niugini launches new direct routes, and other business news

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Air Niugini launches new direct route, Total wins contract for Lihir Gold Mine, and a new state-owned-enterprise is formed. Your weekly digest of the latest business news.

Papua New Guinea LNG production predicted to double within 10 years, reports Fitch Research

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Papua New Guinea’s LNG exports will more than double over the next 10 years, as a result of the planned expansion works, according to Fitch Solutions’ Senior Country Risk Analyst, Raphael Mok. But, he tells Business Advantage PNG, the government must address landowners’ backlash against royalty payments.