The Kumul Submarine Cable lands in Bougainville , the Pasca A gas project is on its way to becoming the first offshore field development in PNG and the PNG Tourism Promotion Authority reveals the impact COVID-19 on the tourism industry. The business news your need to kickstart your week.
In brief: Kumul Submarine Cable System completes connections and other business stories
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25 May 2020 by Leave a Comment
In brief: Wafi-Golpu negotiations to resume and other business stories
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18 May 2020 by Leave a Comment
PNG’s Prime Minister green-lights Wafi-Golpu negotiations, Twinza’s Pasca A project is next on the government’s list and Vision City Mega Mall announces rent assistance for businesses. The business news you need to kickstart your week.
In brief: Papua New Guinea to receive K70 million from the World Bank and other business stories
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15 Apr 2020 by Leave a Comment
World Bank commits K70 million to help Papua New Guinea in its fight against COVID-19, the Minister for Petroleum gives an update on resource projects and Oil Search successfully completes its equity raise. The business news you need to know to kickstart you week.
New rules, more independence: Kumul Petroleum’s future
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27 Nov 2019 by 1 Comment
Papua New Guinea is set to introduce new rules for petroleum licenses, according to Kumul Petroleum Holdings Limited Managing Director, Wapu Sonk. In this exclusive interview, he tells Business Advantage PNG the state-owned oil and gas company is about to undergo a transformational change.
Gas and petroleum in Papua New Guinea: a sector profile
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25 Nov 2019 by Leave a Comment
A profile of the gas and petroleum sector in Papua New Guinea, including information on licensing and taxation, key players and major projects.
In brief: Parliament passes 10 Papua LNG Project Amendment Bills and other business stories
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21 Oct 2019 by Leave a Comment
Parliament passes Papua LNG Project Amendments Bills, the Minister for Petroleum announces that the P’nyang gas field project will be a standalone project, and Twinza Oil says it expects the first production of liquids from the Pasca A condensate gas field by 2022. Your weekly digest of business news.
In brief: Papua New Guinea approves progress of Pasca LNG project
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2 Sep 2019 by 1 Comment
Twinza Oil (PNG) to progress Pasca LNG project, Papua New Guinea’s Prime Minister has said that a Supplementary Budget may be announced within the next few weeks, and the Coral Sea Cable project is nearing completion. Your weekly digest of business news.
In brief: Government dispels Australia’s China fears, and other business stories
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23 Jan 2018 by Leave a Comment
Nothing to fear from Chinese influence, hydrocarbon discoveries, and Twinza Oil investment decisions. Your weekly digest of the latest business news.
In brief: Construction of industrial zone in Madang will commence soon, says O’Neill, and other business stories
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20 Sep 2017 by Leave a Comment
Proposed K350m Pacific Marine Industrial Zone to start soon, tuna exports to the EU equal that of Thailand and Philippines, and Supplementary Budget to be ‘rushed’ through parliament next week. Your weekly digest of the latest business news.
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