PNG 'mega projects' may lift of ... at last

PRIME Minister James Marape has indicated that he will announce four new ‘mega projects’ in the extractive sector, including the expected re-opening of Porgera gold mine at the 16th PNG Mining and Petroleum Conference in Sydney on December 5.
PNG 'mega projects' may lift of ... at last PNG 'mega projects' may lift of ... at last PNG 'mega projects' may lift of ... at last PNG 'mega projects' may lift of ... at last PNG 'mega projects' may lift of ... at last

Staff Reporter

Ironically, it was Marape who closed Porgera in Enga Province more than two years ago by refusing to renew the special mining licence for operator Barrick Niugini. The losses in taxes and royalties to the government have amounted to millions of kina, while destroying livelihoods and business which relied on providing goods and services to the mine.
 
It is expected Marape will outline proposed start-ups for the Newcrest-Harmony joint venture at Wafi-Golpu, PanAust's Frieda River in Sandaun-Sepik as well as an LNG development, possibly that of Twinza.
 
The Sydney conference, from December 5 to 7, has already more than 1000 attendees registered, reflecting the strong line-up of presenters.
 
Marape will do the keynote and will be joined by Australian Defence Minister Pat Conroy, Newcrest CEO Sandeep Biswas, Harmony Gold CFO Boipelo Leukube, Total Energies senior vice president Julien Pouget, Santos president upstream Brett Darlie and ExxonMobil PNG managing director Peter Larden.
 
Fortescue Future Industries chief executive Mark Hutchinson will be presenting Fortescue's vision for green hydrogen and hydroelectric power in PNG.
 
Former Australian Foreign Affairs Minister Julie Bishop and PNG Investment Minister Richard Maru are also presenting.
 
Mining Minster Ano Pala, Energy Minister Kerenga Kua, Total Energies and Twinza will also present.
 
More details and the full program may be found at this address: https://bit.ly/3AIQSIh
 
 
 
 

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