Where will the LNG income go to, real estate demand in PNG remains strong, ROC Oil pressing ahead with Horizon merger

PNG Business Update

May 29, 2014


Papua New Guinea's PNG LNG project: who gets the money?

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. Read on...

Real estate demand still strong in Papua New Guinea despite fall in rental costs

Commercial real estate activity in Port Moresby and Lae remains strong despite a fall in demand for executive rentals associated with the winding down of the six-year construction phase of the ExxonMobil-led LNG PNG project. Read on...

Latest News

ROC Oil determined to enter Papua New Guinea with Horizon merger

Australia's ROC Oil is pushing ahead with its move into Papua New Guinea through a merger with Horizon Oil, one of the companies behind the Stanley gas project in Western Province. Read on...

In brief

O'Neill to outlaw Special Agricultural Business Leases and other business stories

Cabinet to ban SABLs, Telikom prepares for transition to becoming a retailer, and a possible eight-year delay in upgrading Lae airport. Your weekly digest of the latest business news. Read on...

People moves

Water PNG, World Bank, Mayur Resources

A new Chief Operating officer at Water PNG, a new Country Manager for the World Bank and a new Managing Director for Mayur Resources. Read on...

Business Connect

Launch of Corporate Sponsorship Package for PNG Games, 2014

The Chairman, Phil Franklin, of the 6th PNG Games host Organising Committee invites members of the Lae Chamber of Commerce to attend the Cocktail Reception for the launch of our Sponsorship Package in Lae. Read on...

Tender: Tina River Hydroelectric Power Project, Solomon Islands

The Solomon Islands Government has asked private sector power developers to express their interest in participating in the Tina River Hydroelectric Power Project. Read on...
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