Ok Tedi Mining Ltd (OTML) has stepped in assist with the supply of aviation fuel (JETA1) to support the aviation industry, which is currently experiencing fuel issues and flight disruptions due to the inability of Puma Energy to supply fuel.
OTML is proud to announce that this assistance is through the establishment of a robust and reliable JETA1 supply chain, crucial to resolving the ongoing fuel crisis in Papua New Guinea (PNG).
This decisive action comes in response to Puma Energy’s continued inability to supply the nation due to its alleged Forex issues.
OTML has recently concluded agreements with the nation’s major airlines to ensure a stable and sufficient fuel supply to get the nation’s airlines meeting their flight schedules without interruptions.
The aviation sector in PNG has been severely impacted by Puma’s continuous supply disruptions, causing significant travel delays and economic setbacks.
OTML Managing Director and Chief Executive Officer (CEO), Mr. Kedi Ilimbit said OTML’s commitment to securing this supply chain marks a pivotal moment for the industry, paving the way for renewed confidence and operational efficiency for the airlines and their passengers.
“We are thrilled to have established a reliable supply chain that will play a crucial role in resolving the fuel crisis in Papua New Guinea,” said Mr. Ilimbit.
“Our agreements with these major airlines underscore our dedication to supporting the industry and our nation with the essential resources needed to resume and maintain robust flight operations.”
The agreements between OTML and PNG’s leading airlines include long-term supply contracts that ensure an uninterrupted JETA1 fuel supply.
He said this development is timely as Puma continues severe rationing to airlines that have in turn been struggling to meet passenger demands and maintain their flight schedules due to fuel shortages.
The reliability and consistency of this JETA1 supply will enable airlines to plan and operate with greater confidence, contributing to the broader economic recovery.