Analysts have contrasting views on the effect of the oil price war between Russia and Saudi Arabia on long-term oil and gas projects in Papua New Guinea. David James considers these, and the likely impact on domestic petrol and diesel prices.
Search Results for: Papua LNG
Blast from the past: Papua New Guinea’s economy in 2020
Welcome,
6 Mar 2020 by Leave a Comment
The year 2020 looks like being a watershed year for Papua New Guinea, with a number of transformative projects awaiting the green light and a new government seeking to implement an ambitious agenda.
In brief: Papua New Guinea announces plans for ‘partial privatisation’ of state-owned enterprises and other business stories
Welcome,
2 Mar 2020 by 1 Comment
Papua New Guinea’s Minister for State Enterprises announces plans for ‘partial privatisation’ of state-owned enterprises, P’nyang negotiations between ExxonMobil and PNG could resume and company reporting season. The business news you need to kickstart your week.
LNG price tumbles further, while gold and cocoa rise
Welcome,
25 Feb 2020 by 1 Comment
Oil and gas prices both fell this month, with LNG dropping particularly sharply, while gold and cocoa are holding their own in a tough market for commodities.
In brief: World Bank releases new economic outlook for Papua New Guinea and other business stories
Welcome,
8 Feb 2020 by Leave a Comment
The World Bank predicts slower GDP growth for Papua New Guinea, P’nyang could still be on the table and fibre optic cable landing to start in Vanimo. The business news you need to kick-start your week. Resources Patrick Pouyanne, CEO of the French oil and gas company Total, has said that ExxonMobil and PNG need […]
In brief: Papua New Guinea ends talks with Exxon on P’nyang agreement, and other business stories
Welcome,
3 Feb 2020 by Leave a Comment
Papua New Guinea says no to P’nyang gas project, Prime Minister James Marape confident in ‘five-train LNG’ and new date for plastic bag ban. The business news you need to kick-start your week.
Papua New Guinea’s veteran retailer seeks to grow its local suppliers
Welcome,
29 Jan 2020 by Leave a Comment
Brian Bell Group is reaping the rewards of three years of infrastructure investment and using this period of profitability to grow its local partnerships.
Transparency report shines light on Papua New Guinea’s extractive sector
Welcome,
20 Jan 2020 by 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.
Papua New Guinea experiencing temporary loss of momentum, say reports
Welcome,
15 Jan 2020 by Leave a Comment
With experts forecasting slow economic growth in 2020, Papua New Guinea’s economy may be facing a temporary loss of momentum. David James examines two new economic reports and what they may mean for business.
Papua New Guinea’s economy needs progress on resources projects [opinion]
Welcome,
14 Jan 2020 by 1 Comment
Waiting for the announcement of Papua New Guinea’s next resource project is taking a toll on the economy. The President of the Port Moresby Chamber of Commerce and Industry, Rio Fiocco, shares with Business Advantange PNG what this means for businesses of every size.
Recent readers’ comments