Christine Iauve, a vegetable farmer from Magautou village, used to keep her hard-earned cash in a safe. Now she, and hundreds of others in rural and remote areas, are getting access to banking services, and setting ambitious goals.
Search Results for: Papua LNG
Memoir: Exporting along the Kokoda Trail
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Three years ago, ‘Airport Economist’ Tim Harcourt came to Papua New Guinea to see how it was coping after the global financial crisis. In this excerpt from his forthcoming book, Trading Places – The Airport Economist’s Guide to International Business, he reflects on what he found.
National Petroleum Company deal with Pertamina ‘only limited by our joint imaginations’: Kramer
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Last month, Papua New Guinea’s fledgling National Petroleum Company signed its first deal, and it was a big one: a Memorandum of Understanding with Indonesia’s massive national oil company, Pertamina. NPCP Chairman Frank Kramer explains how the relationship will work.
ExxonMobil and InterOil get together on second gas project
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Papua New Guinea’s much-anticipated second gas project could turn out to be an extension of its first, as ExxonMobil commences exclusive negotiations with InterOil and Pacific LNG.
Business backs Buk bilong Pikinini
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Papua New Guinea’s business community has rallied round Buk bilong Pikinini (BbP), a charity dedicated to bringing literacy to children through libraries.
People moves: Bemobile, Westpac, Cue Energy Resources, InterOil
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Major changes at Bemobile as Vodafone steps in to take over, while Westpac MD and InterOil CEO announce departures.
Interview: Stanley Alphonse, PNG Ports
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Business Advantage PNG spoke with PNG Ports’ Chief Executive Officer, Stanley Alphonse, about PNG Port’s return to profitability and its ambitious plans for the future.
Mongolia: the (other) land of the unexpected
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A small nation with vast reserves of natural resources… sustained and stellar GDP growth despite a challenging operating environment… tension between foreign investors and those in the local population who believe their birthright is being sold off too cheaply… a copper and gold mine large enough to contribute a third of the nation’s GDP.
Oil Search records US$175.8m profit
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Oil and gas exploration and production company, Oil Search, has reported a US$175.8 m profit in its preliminary annual results, a 13% fall on last year, which the company attributes to high exploration expenses.
Interview: National Petroleum Company Chairman, Frank Kramer
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The PNG Government has revived the National Petroleum Company of Papua New Guinea (NPCP). We speak with the NPCP’s new Chairman, Frank Kramer.
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