Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news.
InterOil chief positive about Papua New Guinea’s role as LNG provider, despite oil prices fall
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25 Feb 2015 by 1 Comment
Papua New Guinea is well positioned to benefit from rising LNG demand, despite falling prices, says InterOil Managing Director, Michael Hession.
In brief: Air Niugini expands services with Melanesian partnership, and other business stories
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18 Feb 2015 by
Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.
Concept for Papua New Guinea’s second LNG project set for June release, says Total’s MD
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18 Feb 2015 by 1 Comment
Last week, independent arbitration upheld InterOil’s decision to sell a gross 40% shareholding in the Elk-Antelope LNG project to French super major, Total SA. Total’s Managing Director in PNG, Philippe Blanchard, talks exclusively to Business Advantage PNG about the arbitration result and Total’s plans for the project.
InterOil win clears way for Total’s participation in Papua New Guinea’s Elk/Antelope gas project
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11 Feb 2015 by 4 Comments
The International Court of Arbitration of the International Chamber of Commerce yesterday dismissed Oil Search’s claims over 40% of the Elk-Antelope gas field in Papua New Guinea’s Gulf Province.
In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories
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28 Jan 2015 by Leave a Comment
Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.
Opinion: using gas to develop Papua New Guinea’s economy
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20 Jan 2015 by 1 Comment
Exporting all future PNG gas extract for income may not be the best use of this remarkable resource. LNG should also be used for domestic power consumption and petrochemical feedstock to boost industry and provide much-needed jobs, argues Petroleum Operations Advisor to the World Bank, Michael McWalter.
People moves: Airlines PNG, InterOil, Marengo Mining, Digicel
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14 Jan 2015 by
A new chairman at Airlines PNG, two new directors at InterOil, Interim Secretary appointed at Marengo Mining
In brief: the first stage of Lae’s port upgrade is completed, and other business stories
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14 Jan 2015 by
Lae port upgrade reaches milestone, Respol acquires Talisman Energy, and PNG forecast for significant economic growth. Your weekly digest of the latest business news.
In brief: InterOil chief says Elk-Antelope project will support ‘at least two trains’, and other business stories
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26 Nov 2014 by 1 Comment
More details about the potential of the Elk-Antelope LNG Project emerge, 108 companies apply for exemptions to minimum wage increase, and social media fundraising underway to buy Bougainville cocoa. Your weekly digest of the latest business news.
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