Petromin gives K5 million in first dividend to PNG Govt

STATE-OWNED resources company Petromin Holdings has made its first dividend payment, K5 million ($A2 million), to Prime Minister Sir Michael Somare on behalf of the Government.

Petromin gives K5 million in first dividend to PNG Govt Petromin gives K5 million in first dividend to PNG Govt Petromin gives K5 million in first dividend to PNG Govt Petromin gives K5 million in first dividend to PNG Govt Petromin gives K5 million in first dividend to PNG Govt

Petromin was launched last year with the intention of giving Papua New Guineans a share of revenue from its mining and oil projects, with the company's wholly-owned subsidiaries including Eda Oil, Eda

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