The suspension, at least for now, of negotiations over the P’nyang LNG project, has raised issues about the investment environment in Papua New Guinea and the issue of risk, according to analysts.
Prime Minister Marape confident of a ‘five train’ LNG future in Papua New Guinea
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31 Jan 2020 by Leave a Comment
As talks between ExxonMobil and Papua New Guinea’s State Negotiating Team over the P’nyang gas project reach their nominated ‘walk away’ deadline today, the Prime Minister, James Marape, has said he is confident that LNG will help underpin economic growth in the country for the next decade.
LNG, oil and coffee prices all fall sharply: a monthly review of Papua New Guinea’s commodity and financial markets
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29 Jan 2020 by Leave a Comment
LNG and coffee prices have come off dramatically while oil is weaker. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
Boardroom briefing: who’s about to leave your business, new competition for LNG and social media in PNG
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11 Dec 2019 by 1 Comment
How to tell when your star employees are about to quit, PNG gets competition from China and Russia, and what 549,000 Papua New Guineans did last month. Readings from around the world on business, leadership and management.
Gas and petroleum in Papua New Guinea: a sector profile
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25 Nov 2019 by Leave a Comment
A profile of the gas and petroleum sector in Papua New Guinea, including information on licensing and taxation, key players and major projects.
Oil and LNG prices weaker but precious metal up: a monthly review of Papua New Guinea’s commodity and financial markets
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30 Jul 2019 by Leave a Comment
Oil, LNG and gas prices are weaker but precious metals are slightly up. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
LNG price volatility and what it means for Papua New Guinea
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4 Jun 2019 by Leave a Comment
Papua New Guinea must ensure that it is at the front of the ‘queue’ in its LNG projects if it is to adapt to future volatility, according to Dr Fereidun Fesharaki, Founder and Chairman of the oil and gas consulting group Facts Global Energy (FGE). He predicts huge shifts in the oil and gas markets.
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
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.
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.
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