The long wait for the Papua New Guinea liquefied natural gas (LNG) project is now over, and the energy sector is transforming from a major investment vehicle into a primary revenue generator for the economy. In fact, the project is expected to have so much of an impact during its first full year of LNG exports that PNG was projected to lead all Asian economies in GDP growth in 2015, at nearly...
Papua New Guinea Energy
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Public and private sector efforts are under way to increase Port Moresby’s electricity supply ahead of the Pacific Games in July, as the Papua New Guinea government tries to allay fears that the major sporting event could be disrupted by blackouts.
Economic update | Papua New Guinea steps on the gas
10 Dec 2014
A surge in liquefied natural gas (LNG) exports is expected to nearly treble the pace of economic growth in Papua New Guinea in 2015 putting the South Pacific island nation at the top of the league of fast-growing economies and helping it bridge a widening budget deficit.
Interviews & Viewpoints | OBG talks to Peter Botten, CEO, Oil Search from The Report: Papua New Guinea 2014
The first liquefied natural gas (LNG) cargos have left Papua New Guinea en route to Asian markets. What does that mean for PNG and Oil Search?
Interviews & Viewpoints | OBG talks to Michael Hession, CEO, InterOil from The Report: Papua New Guinea 2014
How can the oil industry help contribute to the broader economic development of Papua New Guinea and the well-being of its citizens?
Articles & Analysis | The country’s hydro resources have the potential to transform the utilities segment from The Report: Papua New Guinea 2014
With thousands of kilometres of rivers and monthly average rainfall often exceeding 300 mm, Papua New Guinea is well suited for hydropower production. Unfortunately, the same geography and climate that makes the country conducive for power development also creates barriers to its development. Most notably its rugged features pose significant...