Big Year for PNG LNG Project

Business Advantage speaks to the man responsible for delivering the PNG LNG Project, Peter Graham, managing director of ExxonMobil subsidiary, Esso Highlands. Do you foresee any issues with meeting the posted completion date for the PNG LNG project? What will be the major challenges and milestones over the next 12 months? 2012 is a big […]
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The rise of PNG’s private sector

IFC, the private sector development arm of the World Bank Group, has increased its presence in Papua New Guinea. Business Advantage talks to IFC’s Resident Representative in PNG, Carolyn Blacklock, about taking PNG’s private sector to the next level. What is the status of the IFC’s own investment portfolio in PNG? We continue to work […]
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Beyond mining: interview with Ok Tedi’s Nigel Parker

On a visit to the Ok Tedi mine, we met with Nigel Parker, the man tasked with managing Ok Tedi Mining Limited through the final years of the mine’s life. OTML is currently undergoing a corporate restructure. What does that entail and where has it reached? The corporate restructure is looking at our core activities. […]
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Western Province: a sustainable future

Business Advantage interviewed David Sode, Chief Executive Officer of PNG Sustainable Development Program Ltd, to discover more about its Western Province strategies. Founded in 2002, PNG Sustainable Development Program Limited (‘PNGSDP’) was created to support sustainable development through initiatives that benefit the people of Papua New Guinea, and especially the people of the Western Province. […]
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The inside view: Kanawi Pouru, Managing Director, PNG Forest Authority

The forestry industry in Papua New Guinea has bounced back since the global financial crisis. Our two biggest markets remain Australia for sawn and processed products and China for round logs. Australia will shortly introduce new regulations for importing timber products based on legality and chain of custody. We’re keen to understand those new standards […]
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Star Chamber

The Papua New Guinea Chamber of Mines and Petroleum is the peak industry body for the country’s resources sector. It has a current membership of over 125 companies, roughly 30% of which are full members—that is, mining and petroleum companies active in PNG. As the industry’s voice, the Chamber has been instrumental in working with […]
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Case study: nation-building with superannuation

With confidence restored in Papua New Guinea’s superannuation sector, POSF Ltd, one of PNG’s two major superannuation companies, is proactively engaged in nation-building. The ‘wantok’ system of relationships in Papua New Guinea is not only complex but is an integral part of social existence. In essence, one salary-earner may have financial obligations to as many […]
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