Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.
Twinza
Papua LNG project to inject billions to Papua New Guinea’s economy, Prime Minister Marape welcomes Fortescue Future Industries representative to Port Moresby and the Pacific Marine Industrial Zone Project (PMIZ) will be rebranded.
Twinza Oil welcomes a new Chairman to its Board.
Barrick’s CEO Mark Bristow is in Papua New Guinea to advance Porgera talks, K92 Mining announces expansion, and Eastern Highlands Province in lockdown. The business news you need today.
Business owed K2 billion in GST refunds, Internal Revenue Commission to launch online tax payments and new Twinza Oil chairman to travel to Papua New Guinea. Your digest of the latest business news.
Air Niugini announces restrictions to travel to Sydney, Prime Minister Marape says Wafi-Golpu could be expected in December and Twinza Oil gets an ultimatum. The business new you need today.
Awarding the Pandora gas field license to Papua New Guinea’s oil & gas national company spells potential significant changes to the way licenses are granted in the country.
K92 Mining announces high-grade mineralisation in Judd vein deposit, SP Brewery new product launch, and Twinza Oil still waiting on final agreement for Pasca A. The business news you need today.
Fortescue and Papua New Guinea Government sign landmark agreement to venture into green energy productions, the Bank of PNG flags two new projects and Minister apologises over Pasca A negotiations. The business news you need today.
The progress of Twinza Oil’s US$2.4 billion (K8.42 billion) Pasca A offshore gas project in Papua New Guinea has again stalled, following a draft gas agreement from the government which the developer claims ‘bears no resemblance’ to the terms it agreed last month.