In early 2016 a number of initiatives and transactions were in the works that promise to bring balance to a market that has so far been dominated by a single player. The plan is simple but bold: consolidation of the government’s companies operating in the retail space, and consolidation of its assets on the wholesale and infrastructure side of...
The Papua New Guinea telecoms market is set to enter a new phase. After nearly a decade of rapid expansion, largely the consequence of Jamaica-based Digicel’s market dominance on the mobile side, and given state-run Telikom’s virtual lock on essential infrastructure, credible and effective competition may soon be arriving.
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...
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...
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...
Much of Papua New Guinea’s economic success over the past decade, along with its prospects for future growth going forward, can be tied directly to the energy sector. The efficient construction and operational launch of the country’s first liquefied natural gas (LNG) programme – the ExxonMobil-driven PNG LNG project – not only secured...
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