Peter Botten, Managing Director of Oil Search, says including communities in the development agenda is a way that resource developers can engage with governments and other stakeholders. He explains that what his company has done in PNG can be a model for other developing countries.
Search Results for: Papua LNG
Opinion: Papua New Guinea could provide a model for the developing world says Oil Search MD Botten
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26 Nov 2018 by 2 Comments
In brief: ANZ Bank expects kina to rise with next round of LNG projects, and other business stories
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25 Sep 2018 by Leave a Comment
ANZ Bank expects Kina to rise above $0.35 cents from early 2020, Ramu 2 hydropower project to commence next March, and security preparations for APEC step up. Your weekly digest of the latest business news.
Papua New Guinea PM Peter O’Neill says deals on resources projects will be fair to all stakeholders
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25 Sep 2018 by 2 Comments
In an interview with Business Advantage PNG’s Andrew Wilkins, the Prime Minister Peter O’Neill says he is looking for deals in LNG and mining projects that will benefit all parties. In the first of a two part series, O’Neill says his government is investing to diversify the economy.
How Supreme Industries has expanded in Papua New Guinea
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11 Sep 2018 by 1 Comment
Port Moresby-based retailer/wholesaler Supreme Group found itself needing products and services it couldn’t source in Papua New Guinea, so it decided to create them. Group Managing Director Sanjay Shah, tells Business Advantage PNG that the group has grown quickly and is anticipating more diversification.
Higher commodity prices are boosting Papua New Guinea’s economy, says ADB economist
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8 Aug 2018 by Leave a Comment
The Papua New Guinea economy is set to grow steadily, according to Edward Faber, Country Economist for the Asian Development Bank (ADB). He told the Business Advantage PNG Investment Conference in Brisbane that the fate of the economy heavily depends on export prices.
Prime Minister gives upbeat take on Papua New Guinea’s economy
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7 Aug 2018 by 1 Comment
The Prime Minister, Peter O’Neill, speaking at Business Advantage Papua New Guinea Investment Conference in Brisbane, said the mid-year assessment of the economy was better than anticipated. He said the growing investment interest in the Pacific from China, Australia and the United States is ‘healthy’.
Papua New Guinea’s gas will be in strong demand says resource analyst
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31 Jul 2018 by Leave a Comment
Demand from the Asian region for natural gas will ensure that Papua New Guinea’s LNG industry remains robust in the medium term, David Lennox, xxz tells Business Advantage PNG. He says growing tensions about trade barriers may be beneficial for the country.
Copper has weakened but oil and gas prices were strong: a monthly review of Papua New Guinea’s commodities and financial markets
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24 Jul 2018 by Leave a Comment
Copper has weakened, but oil and gas prices are showing strength. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
Gas prices up but oil prices fall: a monthly review of Papua New Guinea’s commodity and financial markets
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26 Jun 2018 by Leave a Comment
Gas prices rose sharply, but oil and copper were down. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
Digicel Chairman says Papua New Guinea ‘fantastic’ location for investment
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12 Jun 2018 by 1 Comment
The Chairman and founder of telecommunications company Digicel, Denis O’Brien, describes Papua New Guinea as a vibrant country that is a ‘fantastic location’ for investors. But he says the physical terrain also made it his company’s most challenging market.
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