Oil prices have strengthened, but LNG prices have come off sharply. Copper has eased slightly. Business Advantage PNG’s monthly overview of commodity and financial markets.
Search Results for: Papua LNG
Oil prices continue to rise, but LNG prices sharply down: a monthly review of Papua New Guinea’s commodity and financial markets
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27 Mar 2019 by Leave a Comment
LNG and palm oil prices down, but oil up: a monthly review of Papua New Guinea’s commodity and financial markets
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27 Feb 2019 by Leave a Comment
Oil prices have been strong, but LNG prices have weakened sharply. Oil palm and coffee prices have fallen, but cocoa prices are steady. Business Advantage PNG’s monthly overview of commodity and financial markets.
Drop in new LNG capacity and surging China demand will benefit Papua New Guinea
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5 Feb 2019 by Leave a Comment
The global gas market is set to surge, according to Justin Smirk, Senior Economist at Westpac. He told a recent Port Moresby Chamber of Commerce and Industry meeting that Papua New Guinea is well placed to benefit.
Papua New Guinea’s LNG capacity could double, says ExxonMobil SVP
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27 Nov 2018 by Leave a Comment
Neil Chapman, Senior Vice President of ExxonMobil, told the APEC CEO Summit earlier this month that LNG capacity in Papua New Guinea could double. He claimed the global shift to natural gas to reduce carbon emissions is favouring the industry.
LNG prices and oil prices down but cocoa strong: a monthly review of Papua New Guinea’s commodity and financial markets
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27 Nov 2018 by Leave a Comment
LNG and oil prices have weakened but the cocoa price has strengthened. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
Oil and LNG prices have fallen but coffee prices jump sharply: a monthly review of Papua New Guinea’s commodity and financial markets
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30 Oct 2018 by Leave a Comment
Oil and LNG prices have shown weakness but coffee is up. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Oil prices hit a four year high and LNG prices have also risen: a monthly review of Papua New Guinea’s commodity and financial markets
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25 Sep 2018 by Leave a Comment
Oil and LNG prices are showing strength but cocoa and palm oil prices price have weakened. Business Advantage PNG’s monthly review of Papua New Guinea’s commodity and financial markets.
‘Encouraging’ gas find likely to boost Papua New Guinea LNG expansion as China locks in long-term contract
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5 Sep 2018 by 1 Comment
Analysis of test results from a potentially new LNG find at the Barikewa-3 well in the Papua New Guinea Forelands is underway but it’s too early to say how that gas will be commercialised, according to well operator, Oil Search. Meanwhile, the signing of a long-term contract for gas from PNG with China confirms demand for gas from China will continue well into the 2020s.
LNG prices have surged but oil prices move sideways: a monthly review of Papua New Guinea’s commodity and financial markets
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28 Aug 2018 by Leave a Comment
LNG prices have jumped sharply and the cocoa price has been volatile. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Papua New Guinea LNG production predicted to double within 10 years, reports Fitch Research
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14 Aug 2018 by Leave a Comment
Papua New Guinea’s LNG exports will more than double over the next 10 years, as a result of the planned expansion works, according to Fitch Solutions’ Senior Country Risk Analyst, Raphael Mok. But, he tells Business Advantage PNG, the government must address landowners’ backlash against royalty payments.
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