PNG LNG project satisfies financial agreements, PNG Ports profits double, and Indochine Mining raises funds. Your weekly digest of the latest business news.
Five questions for: Andrew Barry, new Managing Director, ExxonMobil PNG
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11 Feb 2015 by 3 Comments
Papua New Guinea’s PNG LNG project has a new leader: Andrew Barry. ExxonMobil PNG’s new Managing Director speaks exclusively to Business Advantage PNG about the future of PNG’s largest resources project and the impact of lower global gas prices.
In brief: Newcrest output at Lihir ‘below expectations’ despite improvement, and other business stories
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4 Feb 2015 by Leave a Comment
Production issues hit Newcrest, Digicel launches cloud-based product, and Mitsui delivers PNG LNG carrier. Your weekly digest of the latest business news.
In brief: PNG LNG project plans investment decision on third train in 2017, and other business stories
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21 Jan 2015 by
PNG Government signs agreement with PNG LNG project partners, UN expects significant economic growth in PNG, and National Petroleum Company to revise annual plan following oil crash. 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.
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: PNG Ports Corporation completes Lae extension, and other business stories
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5 Nov 2014 by
The extension project at Lae Port reaches a conclusion, PanAust feasibility study at Freida River on target, National Executive Council endorses PNG Sovereign Wealth Fund. Your weekly digest of the latest business news.
In brief: PNG LNG project makes a significant contribution to landowner companies, and other business stories.
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11 Sep 2014 by Leave a Comment
Local landowner companies benefit from PNG LNG project, PNG Government takes Woodlark stake, and Buka Airport disrupted by shut down. Your weekly digest of the latest regional business news.
In brief: Santos and Oil Search increase production following PNG LNG start-up, and other business stories
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23 Jul 2014 by Leave a Comment
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.
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.
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