A country of extraordinary diversity, spread across some of the world’s most spectacular, and often inhospitable, terrain, Papua New Guinea today is a country once again at a crossroads. A major economic boom driven by a massive liquefied natural gas project has been swiftly followed by a sharp slowdown as global oil prices fell, and as a result the government has come under some pressure.
In line with the global industry as a whole, as a result of the downward cyclical trend still buffeting the industry, the mining sector in Papua New Guinea remains in a cooling period in terms of exploration and production activity. To counteract tighter profit margins brought on by sluggish global demand for minerals and the corresponding...
The string of successful mines dotting Papua New Guinea, from the Panguna mine in Bougainville to Ok Tedi in the Western Province, has demonstrated many times over the substantial mineral potential lying just beneath the surface across the country. These proven success stories, which have rewarded the efforts of earlier pioneering mining...
Out of many potential locations, why did you choose the site off the coast of East New Britain?
Where does Papua New Guinea stands in terms of water reticulation, and to what extent is this affecting socio-economic growth?
With the afterglow of the successful implementation of Papua New Guinea’s first major liquefied natural gas (LNG) project now fading, attention has now being turned increasingly towards the next large pipeline project, Papua LNG. The most likely candidates are the Elk-Antelope fields within petroleum retention licence (PRL) 15 located in Gulf...
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