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Kumul Petroleum moves to increase Papua New Guinea’s stake in PNG LNG project

27 Sep 2022 by Leave a Comment
State-owned Kumul Petroleum has made an offer to purchase a further five per cent of the PNG LNG project from Santos. The US$1.4 billion move looks set to position it to play a greater role in the future of Papua New Guinea's oil and gas sector with global LNG demand increasing.
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Five questions for Richard Broadbridge, Managing Director of Lightspeed PNG 

21 Sep 2022 by Leave a Comment
Lightspeed PNG is a fixed wireless and satellite internet provider in Papua New Guinea. The company was launched just prior to APEC in 2018 and offers internet, managed services and solar powered solutions to a number of urban and rural customers including Loloata Island Resort, Coffee Industry Corporation and Oil Search Foundation (Santos) Managing Director, Richard Broadbridge, shares with Business Advantage PNG the secrets behind its growth.
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Foreign investment starting to return to Papua New Guinea, says IPA head

21 Sep 2022 by Leave a Comment
Foreign direct investment in Papua New Guinea is starting to return this year after a 'huge slump' over the previous two years, according to Clarence Hoot, Managing Director of the country's Investment Promotion Authority.
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