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’.
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.
Brian Bell Group is reaping the rewards of three years of infrastructure investment and using this period of profitability to grow its local partnerships.
The accelerated rate of change with technology is constantly throwing up new challenges and opportunities for business. Paul Burman, Megatrends Ambassador for Hewlett Packard, looks at some major technology trends that might impact Papua New Guinea in the future.
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.
New Britain Palm Oil is making strides in the area of ‘precision agriculture’ in Papua New Guinea. Its experience provides pointers for other agribusinesses looking to gain a better control of their costs.
With the government keen to phase out round log exports, Executive Officer of the Papua New Guinea Forest Industries Association Bob Tate outlines the best strategy for developing the industry.
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.
YuTru, Papua New Guinea’s first digital identification or ‘trust framework’, will enable more people to access and participate in the online economy. In this exclusive interview with Business Advantage PNG, Tony Willenberg, consultant to the project, tells us how YuTru is progressing.
St Barbara will invest A$8–$12 million (K19–28 million) on exploration activities in Papua New Guinea this financial year with the aim of extending its Simberi gold mine beyond its current mine life.