O’Neill sacks two more Cabinet ministers, Exxon expects LNG exports to start early and Ok Tedi Mining profits plunge 80%. Your weekly digest of the latest business news.
In brief: PM takes over Treasurer’s role, first LNG shipments ahead of schedule and Ok Tedi Mining profits plunge
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12 Mar 2014 by Leave a Comment
What’s on the agenda for Papua New Guinea business in 2014?
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15 Jan 2014 by Leave a Comment
The coming year looks promising for Papua New Guinea business, with the giant PNG LNG project due to commence gas exports, and further investments looking likely. Meanwhile, eyes are on the O’Neill Government to see how it can improve the operating environment for business. Business Advantage PNG looks ahead to consider what 2014 may bring.
In brief: PNG Power price increase postponed and other stories
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14 Jan 2014 by Leave a Comment
PNG Power price increase postponed, InterOil timeline to be set and Rabaul needs visas on arrival. Your quick digest of the week’s business news.
In brief: Pacific tuna catch limits wanted and other stories
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4 Dec 2013 by
The Pacific demands tuna catch limits, a corruption report injunction lifted, and a call for a national debate on foreign investment laws. Your quick digest of the week’s business news.
In brief: PNG looks to refinance Oil Search loan, first corruption conviction and other stories
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27 Nov 2013 by
Future of government shareholding in Oil Search revealed next month, former planning minister guilty of corruption, BHP sees long-term future in gas and other local and regional stories.
New power plants for Moresby and Lae to be privately built
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29 May 2013 by
State utility PNG Power has been authorised to start negotiations with Hong Kong-based liquefied gas and power company, Energy World Corporation, to build a new 30MW-to-80MW diesel and gas-fuelled power plant in Port Moresby.
Papua New Guinea turns to the private sector for electricity
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29 May 2013 by
Power outages may become a distant memory, with Papua New Guinea’s power generation capacity set to double in coming years, largely due to increased investment from the private sector.
People moves: PNG Power
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15 May 2013 by
John Tangit has been appointed Acting CEO of PNG Power, following the resignation of Tony Koiri.
People moves: PNG Power
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8 May 2013 by
Tony Koiri has stepped down from the role of Chief Executive Officer of state-owned utility PNG Power Ltd after six years at the helm. He will stay on as a special advisor for the next six months to smooth the transition to new company leadership.
First public-private hydro plant opens in Morobe
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6 Mar 2013 by Leave a Comment
PNG’s first privately-built hydro electricity power station has opened in Bulolo, Morobe Province.
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