The people of Gulf province stand to benefit more from the recent signing of contract for the Pasca A Project between the National Government, the Mineral Resources Development Company (MRDC) and developer Twinza Oil (PNG) Limited. Speaking at the signing ceremony which took place at the Government House in Port Moresby city on Thursday 19th December, Prime Minister James Marape announced that once Twinza decides on its Financial Investment Decision (FID), which is a critical stage in energy projects where funding is approved, and execution begins, the operator will set up base and operating out of Kerema town, meaning spin…
Author: Emmanuel MAIPE
Another massive oils and gas project is ready to get off the ground following a historic signing of contracts today at the Government House at Konedobu in Port Moresby city this morning. That project is the Pasca A Project, which will be the county’s first offshore gas project just off the coast of the Gulf province. The gas project was agreed to recently in a signing between PNG Government and developer Twinza Oil (PNG) Limited with the signing of the agreements. Today’s signing seals the contract with work to progress towards its development stage. According to Prime Minister James Marape,…
Prime Minister (PM) James Marape has extended condolences to the people of Vanuatu following the massive earthquake that struck the fellow Melanesian country on Tuesday 17th December. The magnitude 7.3 earthquake, which occurred approximately 30 kilometers west of the capital Port Vila at a depth of 57 kilometers, caused significant damage to infrastructure, disrupted essential services, and left many communities in distress. “On behalf of the government and people of Papua New Guinea (PNG), I offer my deepest sympathies to our Melanesian brothers and sisters in Vanuatu. This is a deeply challenging time, and our prayers are with the victims,…
Prime Minister (PM) James Marape has hailed the recent 2024 Investment Week in Australia a success, culminating in Papua New Guinea (PNG) officially entering the NRL, and the significant signing of a major gas project agreement. The Government of Papua New Guinea (PNG), under the leadership of Prime Minister Marape, initialled a landmark Gas Agreement with Twinza Oil Ltd, the operator of the Pasca offshore gas project, paving the way for the development of PNG’s first offshore petroleum project, located off the coast of Gulf Province This agreement will be submitted to the National Executive Council (NEC) for approval before…
The Department of Foreign Affairs ended yet another successful year with a Christmas Luncheon held on Monday 16th December, where two milestone achievements were also announced and launched. These two milestone achievements were the department’s new Housing Policy and the new website. Officiating at the event was the Foreign Affairs Minister Justin Tkatchenko, who hailed the new housing policy and website as a significant achievement for the department that would greatly benefit its staff and with it, improve the operations of the Foreign Affairs Department. The Minister said the department has already funded residential blocks with subdivisions, and fencing for…
The man in the center of a video that went viral on social media of him chewing betelnut and allegedly spitting in public at Sydney, Australia during the 2024 PNGCORE Investment Week, has come out to deny his involvement in the disgusting act that made PNG look bad in the eyes of the world. In a short-written statement that was later posted in social media, Mr. Chris Payabe claimed that he did nothing wrong and that the video made was used with ill- intent to deliberately attack his reputation. Mr. Payabe is a leader of the Gas Resources Hides 4…
The Prime Ministers of Papua New Guinea (PNG) and Australia this morning in a press conference, officially announced the acceptance and entry of a PNG Rugby League team as the 18th team in the NRL competition by 2028. PM James Marape thanked the Australian National Rugby League (NRL) body for the acceptance and the support of the Australian Government, saying this marks a significant event in the history of PNG and Australia relations. Australia PM Anthony Albanese said this entry of a PNG team into the NRL further strengthens the relationship between PNG and Australia, in addition to strong relations…
The women of the Wafi Golpu mine project area in the Morobe province now have access to funding for their small businesses all thanks to establishment of credit (loan) support facility. This was made possible recently on Friday November 29th when the Mineral Resources Authority (MRA) on behalf of the National Government announced a K500, 000 credit support facility for the women landowner associations of the Wafi Golpu Mining Project. A dummy cheque for this seed capital funding was presented to Mibank, by the Managing Director of the MRA Jerry Garry in Lae city. MiBank will facilitate, manage and process…
The government has moved to privatize a portion of its state-owned power company, PNG Power Limited, to improve on its services to the people. This was announced by Prime Minister James Marape today at the PNG CORE 2024 Investment Week in Sydney, Australia. Marape told the PNG CORE Investment Week that Cabinet has approved the decision in one of its final meetings this year the partial privatization of the State-owned enterprise to improve its operations and efficiency of power supply to Papua New Guinea (PNG). The partial privatization means the State will continue to maintain its interest in PNG Power…
It’s the festive season, a time for joy, peace and harmony but most importantly for many Christians in Papua New Guinea, it’s the time to celebrate the birth of Jesus Christ, our King and Savior. That’s the festivity message the good Governor for National Capital District Powes Parkop is delivering while spreading the Christmas cheer to all the residents of Port Moresby city. The Governor also has a lineup of activities and programs for city residents to participate and enjoy this festive season, with activities planned for this Sunday. PROGRAM SCHEDULE FOR SUNDAY, 15TH DECEMBER 2024 1. Whitecember Walk • Start…