Commercial firm to represent PNG’s resources interests

THE PNG Government will establish a commercial state-owned company to look after the country’s interests in all petroleum and mining projects, specifically the emerging gas industry, according to the Post-Courier newspaper.

Commercial firm to represent PNG’s resources interests
Commercial firm to represent PNG’s resources interests
Commercial firm to represent PNG’s resources interests
Commercial firm to represent PNG’s resources interests
Commercial firm to represent PNG’s resources interests

The PNG cabinet recently approved the establishment of Petromin, which is able to acquire up to a 22.5% interest in petroleum developments and a 30% stake in mining ventures.

loader
  • Porgera: Barrick-PNG talks go on - Read more
  • Follow the companies investing in the PNG market - Read more