Duma frustrates petroleum industry with permit delays

LONG delays in petroleum licence renewals and work program approvals from PNG Energy and Petroleum Minister William Duma have forced leading companies to hold off exploration and development, with some waiting on renewals for well over a year.

Duma frustrates petroleum industry with permit delays Duma frustrates petroleum industry with permit delays Duma frustrates petroleum industry with permit delays Duma frustrates petroleum industry with permit delays Duma frustrates petroleum industry with permit delays

PNGIndustryNews.net understands there is frustration within the industry over the delays which could hold back development plans worth an estimated $A100 million (K225.

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