Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.
In brief: Government to deliver military infrastructure upgrades, and other business stories
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16 Jul 2014 by Leave a Comment
The PNG Government plans to rebuild the country’s military barracks by 2017, InterOil halts drilling at Wahoo-1, and Bank of South Pacific plans share buyback. Your weekly digest of the latest business news.
In brief: Papua New Guinea Treasurer says banks’ kina trading range too high and other stories
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25 Jun 2014 by
Banks trading ‘well and above’ preferred kina rate, minister wants business contracts under K10 million to be reserved for Papua New Guineans, and Bakani says reserves will last seven months. Your weekly digest of the latest business news.
In brief: Ratings agency warning on debt and other business news
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12 Jun 2014 by
Moody’s warns debt could prompt downgrade, tax review committee considers capital gains tax and an EU warning to curb illegal fishing in PNG. Your weekly digest of the latest business news.
In brief: O’Neill seeking review of Ombudsman’s order to freeze Oil Search loan deal, and other business stories
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4 Jun 2014 by Leave a Comment
O’Neill seeks judicial review of Ombudsman’s direction to freeze loan for Oil Search shares, Treasurer predicts annual K10 billion boost from LNG, and food labelling must now be in English. Your weekly digest of the latest business news.
Papua New Guinea’s PNG LNG project: who gets the money?
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27 May 2014 by 2 Comments
The first shipment of gas from Papua New Guinea’s PNG LNG project has left for Japan this week, highlighting the potential billions of dollars of income for the project’s partners. Business Advantage PNG looks at where that income will go.
In brief: Government considers lift in minimum wage and other business stories
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21 May 2014 by Leave a Comment
Cabinet considers a rise in the minimum wage, Australia to involve private sector in aid delivery, and Oil Search expects huge annual cashflow from LNG plant. Your weekly digest of the latest business news.
LNG gives Oil Search Limited a strong cashflow for next 20 years: Botten
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21 May 2014 by Leave a Comment
With shipments of gas from the PNG LNG project under way, Business Advantage PNG talks exclusively to Peter Botten, CEO of venture partner Oil Search Limited, about the future of Papua New Guinea’s largest company and hydrocarbons in PNG.
In brief: First LNG shipment on board ship this week and other business stories
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15 May 2014 by Leave a Comment
First LNG cargo loaded this week, O’Neill announces inquiry into asset sales by PNGSDP, and more room for mobile phone operators, says NICTA. Your weekly digest of the week’s top business stories.
In brief: Emergency declared in Porgera over illegal mining and other business stories
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30 Apr 2014 by Leave a Comment
A state of emergency declared in Porgera over illegal mining, O’Neill promises to cancel illegal forestry leases and second LNG train about to begin production. Your weekly digest of the latest business news.
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