Papua New Guinea Energy

Although international oil and gas firms continue to face a challenging operating environment, economic expansion in Papua New Guinea has been driven by large-scale energy projects in recent years, with liquefied natural gas (LNG) processing becoming an important catalyst for growth. Although investment has stalled somewhat since 2014, the...

Papua New Guinea’s rugged mountainous highlands are ideal for hydroelectric power generation, and the government has been keen to capitalise on its abundant hydro resources as it develops new renewable energy projects. A large number of hydropower projects are under the management of Kumul Consolidated Holdings (KCH), the statutory body...

Papua New Guinea’s energy sector has undergone a dramatic transformation over the previous decades, with liquefied natural gas (LNG) becoming the sector’s biggest growth driver. The multi-billion-dollar PNG LNG project is now operating well above nameplate capacity, and LNG export revenues are expected to remain a major pillar of the economy...

Although Papua New Guinea has risen to become a significant regional exporter of liquefied natural gas (LNG) since the launch of commercial operations at the PNG LNG project in 2014, the country continues to deal with domestic energy challenges.

The Mining Act of 1992 has served as a sturdy legal guide for the industry in Papua New Guinea, albeit with a small number of gaps that policymakers are eager to close. With the ultimate goal of maintaining a legal structure that is attractive for investors while also providing adequate financial incentives for the state and protecting the...

Commodity price fluctuations have rendered sporadic development across Papua New Guinea’s mining segment in recent years. Nevertheless, a diverse basket of minerals continues to attract international investors, who remain eager to unearth the nation’s resources, which have fuelled economic expansion. However, a lack of hard infrastructure and...