Asia Energy

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Much of the rapid growth that has occurred over the past decade across a wide swath of Papua New Guinea’s economy has been either directly or indirectly the result of massive investments and projected future earnings of the ExxonMobil PNG liquefied natural gas (LNG) project. As this project prepares for its first delivery starting in 2014,...

 

How is the completion of the Papua New Guinea liquefied natural gas (LNG) project likely to affect the country economically and geopolitically?

Chapter | Energy from The Report: Papua New Guinea 2014

The near future will bring positive change for the energy sector and the economy as a whole, as the investment and construction phase of the $19bn Papua New Guinea liquefied natural gas (LNG) project winds down and the first shipments of gas begin to flow. Progress is also being made in the utilities sector, with major power generation projects and the expansion of water and sewage networks....

Papua New Guinea is poised for change, as the country’s mineral riches are providing a major opportunity for economic development through the exploitation of natural resources. The government’s five-year strategic plan focuses on key development enablers such as free education, improvements to health services, the strengthening of law and order, rural development projects and infrastructure construction.

 

Canada and Malaysia share more than half a century of friendship. It is a friendship that started in 1957 – the year Malaysia became independent and the year Canada became one of the first countries in the world to recognise Malaysian independence. In that same year, John Diefenbaker was the first Canadian Prime Minister to visit Malaysia....

 

The lifeblood of agricultural and industrial development, clean and reliable water resources remain as important today to the development of Malaysia as when Kuala Lumpur was originally founded at the confluence of the Kelang and Gombak Rivers.

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