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 processing becoming an important catalyst for growth. Since the launch of the PNG LNG project in 2014, the country has witnessed a significant uptick in investment, with exploration, production, transportation and processing facilities receiving an injection of resources. However, there are a number of issues that need addressing, with power generation and domestic gas utilisation representing two key areas for further development. This chapter contains interviews with Wapu Sonk, Managing Director, Kumul Petroleum; and Carolyn Blacklock, Acting Managing Director, PNG Power.
Cover of The Report: Papua New Guinea 2018

The Report

This chapter is from the Papua New Guinea 2018 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Wapu Sonk, Managing Director, Kumul Petroleum
Wapu Sonk, Managing Director, Kumul Petroleum: Interview

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart