Economic update: Will 2025 be Papua New Guinea’s golden year?

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Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary of independence. Business Advantage PNG spoke with the country’s top CEOs to learn more about current business conditions.

Twinza begins preparations for Pasca A final investment decision

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Twinza and the PNG Government signed the Gas Agreement for Pasca A last December. In this exclusive interview, Twinza’s Stephen Quantrill explains why he believes his firm now has enough certainty to prepare for FID.

Five things we learnt at Papua New Guinea Investment Week in Sydney

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The Business Advantage PNG editorial team was among the delegates at the 2024 Papua New Guinea Investment Week (formerly the Papua New Guinea Resources & Energy Investment Conference) in Sydney, held from December 8-11. Here are our top five takeaways from the event.

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

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After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.

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 brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories

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Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.

In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories

Welcome,

Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.

In brief: Papua New Guinea to receive K86 billion from Papua LNG and other business stories

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Papua LNG project to inject billions to Papua New Guinea’s economy, Prime Minister Marape welcomes Fortescue Future Industries representative to Port Moresby and the Pacific Marine Industrial Zone Project (PMIZ) will be rebranded.

People moves: Twinza Oil

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Twinza Oil welcomes a new Chairman to its Board.

In brief: Barrick executives visit Papua New Guinea and other business stories

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Barrick’s CEO Mark Bristow is in Papua New Guinea to advance Porgera talks, K92 Mining announces expansion, and Eastern Highlands Province in lockdown. The business news you need today.