Features
All eyes on Papua New Guinea’s offshore oil and gas
Papua New Guinea is on track to become an offshore gas producer before the end of the decade, thanks to Twinza’s Pasca A project. There are also hopes of large offshore oil discoveries, with two separate drilling campaigns being planned in a prospective new offshore basin.
Portside Business Park to open soon
Steamships broke ground on its 38-hectare Portside Business Park to great fanfare in 2024. Alan Heyns, General Manager of its property division, shares its impressive progress so far with Business Advantage PNG.
IPPs cautiously optimistic on PNG Power turnaround plans
Independent power producers are key to PNG’s ambitious electrification goals. However, they may wait to see results from PNG Power’s turnaround plans before approving new investments, as Business Advantage PNG learns.
Papua New Guinea’s first integrated lime facility reaches FID
Pacific Lime & Cement has taken a big step towards providing Papua New Guinea’s construction sector with a domestic alternative to costly imported materials, as its MD Paul Mulder explains to Business Advantage PNG.
Papua New Guinea’s 50 years of economic achievement
As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.
Latest news

Production sharing: what are Papua New Guinea’s proposed reforms for oil and gas?
The National Executive Council recently approved the framework for PNG’s ‘most significant’ fiscal and regulatory reform since independence, Petroleum Minister Jimmy Maladina confirmed at the 2025 PNG Petroleum & Energy Conference. Business Advantage PNG outlines the key details of this new policy.

Papua New Guinea’s minimum wage set to rise in January
After almost a decade of no increases and a lengthy consultation period, the Minimum Wages Board has declared a landmark increase in Papua New Guinea’s minimum wage. Charlotte Armstrong reports.
Interviews

Building a diversified national mining company in Papua New Guinea
State-owned Kumul Minerals Holdings Limited (KMHL) is a key player in PNG’s mining sector, with majority ownership of Ok Tedi and a key stake in Porgera. Its Managing Director Sarimu Kanu sat down with Business Advantage PNG’s Andrew Wilkins to discuss plans to diversify and participate in projects across the mining value chain.

Port operator invests heavily as Papua New Guinea’s economy strengthens
ICTSI South Pacific operates the international shipping terminals at Lae and Port Moresby (Motukea). In this interview with Nadav Shemer Shlezinger, CEO Robert Maxwell shares how it is investing for PNG’s resources pipeline and anticipated economic growth.
Editorial

Editorial: Papua LNG investment decision moves into ‘line of sight’
The highly anticipated Papua LNG project is expected to reach a final investment decision in early 2026. This week, senior representatives of project lead TotalEnergies and the PNG government signalled that an FID is drawing closer.
Economy/investment

IMF’s departing Papua New Guinea representative lauds country’s economic progress [video]
On the eve of his departure from Papua New Guinea, the International Monetary Fund’s Resident Representative to the country, Sohrab Rafiq, reviews the impact of the IMF’s program in PNG with Andrew Wilkins.
Mining & Petroleum
Opinion and analysis

A timeline of Papua New Guinea’s economic journey
By Paul Barker
Paul Barker, Executive Director of industry think-tank the Papua New Guinea Institute of National Affairs, provides his personal take on PNG’s economic journey since independence.
People moves

People Moves: Air Niugini, MVIL, Santos, BSP
Air Niugini launches CEO search, MVIL appoints new CEO, Santos CFO resigns, new company secretary for BSP
LIfestyle

Restaurant review: Silver Leaf, The Stanley Hotel
Robert Hamilton-Jones reviews the iconic fine dining restaurant on the 19th floor of The Stanley Hotel & Suites in Port Moresby.
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The ultimate guide to doing business in Papua New Guinea, produced by Business Advantage International and its content partners. Includes industry sector profiles, legal and tax … Read on ...
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Latest News

Production sharing: what are Papua New Guinea’s proposed reforms for oil and gas?
21 Oct 2025 By Nadav Shemer Shlezinger Leave a Comment
The National Executive Council recently approved the framework for PNG’s ‘most significant’ fiscal and regulatory reform since independence, Petroleum Minister Jimmy Maladina confirmed at the 2025 PNG Petroleum & Energy Conference. Business Advantage PNG outlines the key details of this new policy.

Papua New Guinea’s minimum wage set to rise in January
24 Sep 2025 By Charlotte Armstrong 5 Comments
After almost a decade of no increases and a lengthy consultation period, the Minimum Wages Board has declared a landmark increase in Papua New Guinea’s minimum wage. Charlotte Armstrong reports.
Features

All eyes on Papua New Guinea’s offshore oil and gas
6 Oct 2025 By Nadav Shemer Shlezinger
Papua New Guinea is on track to become an offshore gas producer before the end of the decade, thanks to Twinza’s Pasca A project. There are also hopes of large offshore oil discoveries, with two separate drilling campaigns being planned in a prospective new offshore basin.
Opinion

A timeline of Papua New Guinea’s economic journey
12 Sep 2025 By Paul Barker
Paul Barker, Executive Director of industry think-tank the Papua New Guinea Institute of National Affairs, provides his personal take on PNG’s economic journey since independence.
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