TotalEnergies country head ‘very confident’ of Papua LNG final investment decision date

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Could Papua New Guinea’s second gas project get the green light in 2025? In an exclusive interview with Business Advantage PNG, Arnaud Berthet, Managing Director of TotalEnergies EP PNG, outlines the Papua LNG project timeline and the activities left to complete on the road to FID. 

‘Massive opportunity’ for private power producers in Papua New Guinea

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Independent power producers are playing a key role in helping PNG move towards its ambitious electrification goals. But their viability will be in question until a dispute over payments is resolved.

Twinza Chair: Pasca A deal sets up ‘strategic alliance’ with MRDC

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Last month, Twinza and Mineral Resources Development Corporation signed agreements which will see MRDC acquire a major stake in Pasca A, Papua New Guinea’s first offshore gas project. Twinza Executive Chairman Stephen Quantrill tells Business Advantage PNG the deal also paves the way for further cooperation.

In Papua New Guinea for the long stay: Hilton, Marriott and more

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Papua New Guinea’s property developers have been busy renovating properties and putting the finishing touches to new projects, including Marriott- and Hilton-branded executive apartments, as the sector gears up for greater economic activity.

What business opportunities will flow from the Papua LNG project?

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More details have been revealed about the planned TotalEnergies-led Papua LNG gas project and how businesses can get involved.

Hilton Hotel opening in Port Moresby a ‘key story’ for Papua New Guinea says MD

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All eyes this week are on Port Moresby in general and the capital’s new Hilton Hotel in particular. Business Advantage PNG takes a look at the site that will host the APEC Leaders’ Gala Dinner and Cultural Performance.

Could Papua New Guinea’s offshore investment double?

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Offshore investment by Papua New Guinea companies remains comparatively small, but there are opportunities. One banking executive suggests it as an important way local financial institutions can diversify.

Kumul Petroleum MD believes ‘step change’ needed to achieve electrification targets in Papua New Guiea

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The Managing Director of Kumul Petroleum Holdings (KPH), Wapu Sonk, believes a ‘step change’ is needed in the electrification of Papua New Guinea. He argues that some gas production should be reserved for domestic production.

MRDC adopting more active investment strategy says MD

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The Mineral Resources Development Company (MRDC) was formed in 1975 and is as old as Papua New Guinea itself. Chief Executive Augustine Mano tells Business Advantage PNG that the enterprise has a wide mandate.

Papua New Guinea participates in a global transparency initiative for the resources industries

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Papua New Guinea has participated in its first report to the Extractive Industries Transparency Initiative (EITI), which is a global effort to improve transparency in resource rich countries to help them avoid the so-called ‘resource curse’.