‘Prosperity diseases’ the next health challenge for Papua New Guinea

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The next health care challenge for Papua New Guinea authorities are the afflictions of modern society, says Myles Neri, Group Medical Director of International SOS. They include heart disease, stroke and cancer.

Simulated gas processing plant for Papua New Guinea’s oil and gas training academy

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A simulated gas processing plant has arrived in Port Moresby for use at the new Kumul Petroleum Academy, and is due to begin operating by September.

In brief: New Lae power station being launched this week, and other business news

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Thermal power station launched this week, PNG DataCo and Telikom share fibre optics, Mainland Holdings expands wheat production. Your weekly digest of the latest business news. PNG Power’s Acting CEO Alex Oa says the new 30-megawatt thermal power station at Munum just outside Lae city in Morobe Province is expected to be commissioned this week. PPL is confident […]

Papua New Guinea has enough gas for five trains, says Kumul Petroleum MD

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Papua New Guinea’s state petroleum company, Kumul Petroleum, sees its role in developing oil and gas projects in partnership with developers, according to Managing Director, Wapu Sonk. He tells Business Advantage PNG there is enough gas in the country for no less than five LNG trains.

In brief: Merger of Telikom, bmobile and DataCo under Telikom, and other business stories

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Government plans to merge Telikom, bmobile and DataCo, Highlands Pacific Chairman says PanAust’s resignation requests amount to a takeover, and PNG LNG reports 25% increase in LNG. Your weekly digest of the latest business news.

What’s on the agenda for Papua New Guinea business in 2017?

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As Papua New Guinea business gets back to work, Business Advantage PNG looks at some of the issues coming up in 2017. It looks likely to be a year of preparing for better times.

Total aiming to start Papua LNG production in 2022/23, says Blanchard

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Philippe Blanchard, Managing Director of Total E&P PNG – operator of the Papua LNG project – tells Business Advantage PNG that production for the project is expected to begin in 2022/2023. He says Total is using local labour and companies as much as possible.

In brief: Chief Secretary warns of ‘drastic cuts’ in 2017 Budget, and other business stories

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Chief Secretary says 2017 will be very tough, moratorium on beche-de-mer may be lifted soon, and PNG LNG spends K12 billion on local services. Your weekly digest of the latest business news.

In brief: Papua New Guinea government ‘committed’ to resolving royalty dispute at PNG LNG site, and other business stories

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Blockade of PNG LNG site now its second week, Trade Minister threatens Fiji over refusal to import PNG products, and fears of job losses if rice import quotas introduced. Your weekly digest of the latest business news.

Oil Search will benefit from working with ExxonMobil on Papua LNG project, says Botten

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ExxonMobil PNG may have trumped Oil Search’s bid for InterOil Corporation, but Papua New Guinea’s largest company will still benefit from the US major’s US$2.3 billion bid, according to Oil Search’s Managing Director Peter Botten. He tells Business Advantage PNG that the bid by ExxonMobil delivers most of the benefits of Oil Search’s take over offer and pushes the ‘cooperation agenda’.