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Papua New Guinea’s National Court puts Wafi-Golpu negotiations on hold pending hearing

13 May 2019 by 1 Comment
Discussions between Papua New Guinea government agencies and the developers of the US$9 billion Wafi-Golpu copper-gold project have been put on hold by the country’s National Court while it considers an application for leave for a judicial review. Meanwhile, work under the project's exploration licence continues. 
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Kumul Petroleum’s ambitious plans to boost electrification in Papua New Guinea

29 Apr 2019 by Leave a Comment
Papua New Guinea's national oil and gas company plan to  increase household electrification and encourage growth in remote locations. Its Managing Director, Wapu Sonk, has revealed the company plans to diversify and focus on more downstream activities in order to maintain revenues.
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US$10 billion Papua LNG agreement signed between Papua New Guinea government and developers

9 Apr 2019 by Leave a Comment
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.
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Date announced for Papua LNG gas agreement in Papua New Guinea

20 Mar 2019 by Leave a Comment
Papua New Guinea's Prime Minister Peter O'Neill has announced a date for the signing of the gas agreement for the US$13 billion Papua LNG project. Opening the PNG Petroleum and Energy Summit in Port Moresby yesterday, he also outlined some of the key elements the agreement will contain.
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