Nasfund says PNG LNG will push up national business costs

NATIONAL Superannuation Fund has warned that costs in PNG are expected to rise over the next few years as the $US10-11 billion PNG LNG project helps push up salaries and demand for skilled workers.

Nasfund says PNG LNG will push up national business costs Nasfund says PNG LNG will push up national business costs Nasfund says PNG LNG will push up national business costs Nasfund says PNG LNG will push up national business costs Nasfund says PNG LNG will push up national business costs

Should all go to plan, construction for the ExxonMobil-led consortium's two-train 6.3 million tonnes per annum liquefaction plant, located near Port Moresby, will start in the last quarter of 2009.

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