Search Results for: Papua LNG

Bank South Pacific’s CEO gives his predictions for 2020

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In this exclusive interview, Bank South Pacific’s Chief Executive Officer, Robin Fleming, speaks with Business Advantage PNG about the real impact of Papua LNG and P’nyang, how power cuts are affecting mobile banking and the prospects for business in 2020.

The importance of effective government

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So, the Papua LNG project has been given the all-clear by Minister for Petroleum, Kerenga Kua. The debate about who ‘buckled’ and who kept their nerve will take place, no doubt, but the end of the government’s review into the gas agreement signed in April is to be welcomed.

Oil Search’s InterOil acquisition to consolidate company as regional player in oil and gas

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Oil Search, Papua New Guinea’s biggest company and largest non-government employer, looks set to consolidate its position as a major player in the Asia Pacific oil and gas market with its $US2.2 billion purchase of InterOil. Chief Executive of Oil Search, Peter Botten, says it will allow the company to be ‘hugely influential in the further development of our world class PNG LNG and Papua LNG assets.’

Four questions with Swire Shipping’s Randy Selvaratnam

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Randy Selvaratnam became Chief Commercial Officer for Singapore-based regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the prospects for growth in shipping volumes in and out of PNG, rising freight costs and the move to sustainable biofuels.

Niugini Assurance’s CEO lays out plans to continue its strong growth

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Since launching as the new kid on the block in 2020, Nuigini Assurance has become a significant player in the country’s competitive insurance sector. Shareholder and interim CEO, Opi Loi, walks Business Advantage PNG through the key drivers of its success so far, and its plans for growth.

Seven questions for Rupert Bray, Managing Director at Steamships

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PNGX-listed Steamships Trading Company, which owns businesses across logistics, property and hospitality, last year achieved impressive 12 per cent revenue growth. Business Advantage PNG recently caught up with its Managing Director Rupert Bray to learn about its ambitious plans to grow further.

Nasfund’s Ian Tarutia: the ‘exit interview’

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Before he handed over the baton to incoming CEO Rajeev Sharma last month, Nasfund’s long-serving CEO Ian Tarutia, spoke to Business Advantage PNG about his time in charge of Papua New Guinea’s largest private sector superannuation fund – and where PNG’s economy might go from here. 

In brief: Kumul Petroleum signs deal to build fabrication facility and other business stories

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Kumul Petroleum signs deal to build fabrication facility, Nasfund announces net profit and feasibility study for the Mongi hydroelectric project. Your business news in summary.

Four questions for Thomas Bellamy, COO of Steamships Logistics Division

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Steamships’ Logistic Division is Papua New Guinea’s largest transport and logistics provider – and it’s making some significant new investments. Chief Operating Officer Thomas Bellamy tells Business Advantage PNG what’s in store for 2023 – and what’s driving growth.

In brief: Mineral Resources Enga signs Porgera agreement and other stories

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Mineral Resources Enga signs ‘milestone agreement’ towards the reopening of the Porgera mine, negotiations for sale of Telikom PNG and Air Niugini to upgrade fleet. The business news you can’t miss.