Over the last 5 years, Kumul remitted over K4b to PNG

NATIONAL oil and gas company Kumul Petroleum has remitted over K4 billion (US1.1 billion) to Papua New Guinea between 2014 and 2019 in dividends, taxes and other corporate investments, according to the company.

Over the last 5 years, Kumul remitted over K4b to PNG  Over the last 5 years, Kumul remitted over K4b to PNG  Over the last 5 years, Kumul remitted over K4b to PNG  Over the last 5 years, Kumul remitted over K4b to PNG  Over the last 5 years, Kumul remitted over K4b to PNG

KPHL chairman Andrew Baing presented the 2018 annual report to the KPHL trustee/shareholder prime minister James Marape at the AGM.

Kumul Petroleum chair, Andrew Baing told the company's AGM earlier this week the funds remitted were out of the total revenue of circa K5 billion earned by the company between 2014 and 2018, almost