Papua New Guinea’s Prime Minister James Marape has confirmed draft changes to the country’s regulatory and fiscal regimes for PNG’s mining and petroleum sector will be circulated soon. But he has also reassured the sector that the changes, flagged for implementation in 2025, would be made ‘in consultation’.
Marape moves to reassure Papua New Guinea’s mining and petroleum industry
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7 Jun 2021 by 1 Comment
Stronger copper price a boost for Ok Tedi but further rises needed for rest of the sector
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3 Oct 2017 by Leave a Comment
The copper price has increased by about a quarter in 2017, although it is still below its 2013 highs. Stephen Howes, Director of the Development Policy Centre at ANU tells Business Advantage PNG that the boost in the copper price is important for Papua New Guinea, in particular, Ok Tedi.
Papua New Guinea LNG projects viable, despite low commodity prices, says Oil Search’s Botten
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2 Sep 2015 by Leave a Comment
Gas projects in Papua New Guinea are extremely viable, despite the downturn in oil and gas prices, the Managing Director of Oil Search, Peter Botten, has told the 2015 PNG Advantage Investment Summit in Brisbane.
In brief: Pruaitch delivers record Budget and other business stories
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19 Nov 2014 by
Record 2015 Budget and higher deficit, Sime Darby happy with 51% of New Britain Palm Oil and Marengo Mining raises funds for drilling program. 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.
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