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Economy/Investment

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

31 Jan 2020 by Leave a Comment
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.
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Transparency report shines light on Papua New Guinea’s extractive sector

20 Jan 2020 by Leave a Comment
Although the extractive sector continues to be responsible for the bulk of Papua New Guinea’s exports, the latest Papua New Guinea Extractive Industries Transparency Initiative report has found that revenues to government remain comparatively small. Here’s what you need to know.
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How Papua New Guinea’s central bank plans to sell government debt

13 Jan 2020 by Leave a Comment
The Bank of Papua New Guinea is looking to sell government debt to international and local investors. Its Governor, Loi Bakani, outlines the challenges to Business Advantage PNG and their connection to PNG’s ongoing foreign exchange shortages.
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