Mining/petroleum

Oil Search’s Peter Botten: the exit interview

4 Mar 2020 by Paul Chai Leave a Comment

The departing Oil Search Managing Director tells Business Advantage PNG he remains positive about Papua New Guinea’s economic future, saying that LNG investment can help fund a stronger, more diversified economy. And he has some parting advice.
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Papua New Guinea falls in global mining rankings survey

3 Mar 2020 by Business Advantage PNG Leave a Comment

Papua New Guinea's mining sector recorded its lowest result for five years in the Fraser Institute's annual Investment Attractiveness Index. We consider the reasons, and their impact on PNG's global competitiveness.
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LNG’s role in Papua New Guinea’s foreign exchange challenges

17 Feb 2020 by David James Leave a Comment

The lack of foreign exchange is having a deep impact on Papua New Guinea's financial system. A new World Bank report shows that mining is the biggest generator of foreign exchange in PNG, but what about LNG projects?
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Will Papua New Guinea slip to the back of the LNG queue?

12 Feb 2020 by David James Leave a Comment

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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Back on track: Wafi-Golpu stalemate ends

12 Feb 2020 by Business Advantage PNG 2 Comments

The court deadlock over the Wafi-Golpu project has ended with the National Court in Lae throwing out the injunction relating to the Memorandum of Understanding (MOU) that had brought the project to a halt. It opens the door for a potential US$5.4 billion (K18 billion) investment into Papua New Guinea.
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P’nyang project cost competitive and still likely to go ahead, say analysts

3 Feb 2020 by David James Leave a Comment

What is likely to happen with the P’nyang gas project? Resources analysts say that it is cost competitive in world terms, and examine some of the options that the players have.
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Papua New Guinea Government calls halt to P’nyang LNG negotiations

3 Feb 2020 by David James Leave a Comment

Papua New Guinea's Prime Minister James Marape has announced the end of negotiations with ExxonMobil over the P’nyang gas agreement. The project's developers have responded to his claims that there was ‘an unwillingness to agree to reasonable terms'.
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Prime Minister Marape confident of a ‘five train’ LNG future in Papua New Guinea

31 Jan 2020 by Paul Chai 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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Papua New Guinea government sets ‘walk away’ date for P’nyang negotiations

22 Jan 2020 by David James Leave a Comment

ExxonMobil and the government-appointed State Negotiating Team have until the end of January to negotiate an agreement for the P’nyang gas project, says Minister for Petroleum.
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Transparency report shines light on Papua New Guinea’s extractive sector

20 Jan 2020 by David James 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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Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]

Mining/petroleum

Oil Search’s Peter Botten: the exit interview

Papua New Guinea falls in global mining rankings survey

LNG’s role in Papua New Guinea’s foreign exchange challenges

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

Back on track: Wafi-Golpu stalemate ends

P’nyang project cost competitive and still likely to go ahead, say analysts

Papua New Guinea Government calls halt to P’nyang LNG negotiations

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

Papua New Guinea government sets ‘walk away’ date for P’nyang negotiations

Transparency report shines light on Papua New Guinea’s extractive sector

Editor’s picks

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

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