OLD PORGERA TAX SETTLEMENT COMMENDED

The PNG Chamber of Mines and Petroleum (“the Chamber”) congratulates the Internal Revenue Commission (IRC) and Barrick (Niugini) Limited (BNL) on settling all disputes and issues relating to old Porgera tax matters. This follows the announcement of a Deed of Settlement earlier this week, signed by IRC Commissioner General, Sam Koim, and Barrick Chief Operations […]

PNG Chamber Congratulates all parties on signing of P’nyang Gas Agreement

Image Caption: (From Left to Right) Petroleum Minister, Hon. Kerenga Kua; Governor General, Grand Chief Sir Bob Dadae; Chairman of Esso PNG P’nyang Limited, Peter Larden; and SANTOS Chief Operating Officer – Upstream Oil & Gas, Brett Darley, signing the P’nyang Gas Agreement at Government House. PHOTO: ExxonMobil PNG 23 Feb 2022 The Papua New […]

Chamber and Rotary partner on 3.3 Million Masks Project

Image Caption: The first of six 40ft containers of KN95 masks being unpacked for storage in the NCC storage facility in Port Moresby. This storage facility houses all donated COVID-19 medical supplies and personal protective equipment (PPE) for distribution to all medical health facilities around the country Chamber and Rotary partner on 3.3 Million Masks […]

Oil Search has a Proud History

Image Caption: Leon Buskens – Executive Vice President, PNG Chamber of Mines and Petroleum and Co-Head PNG, Oil Search Ltd 02 Dec 2021 The Honourable Prime Minister of Papua New Guinea James Marape, Minister for Petroleum, Mr Kerenga Kua, Minister for Mining Mr Johnson Tuke, Treasurer, Mr Ian Ling-Stuckey, Minister for Energy, Mr Saki Soloma, […]

PASCA Project Could Come Onstream by 2026 With Early Approval

Image Caption: Twinza Chairman Stephen Quantrill 02 Dec 2021 The offshore Pasca offshore project in the Gulf of Papua could be in production within four years of receiving project approval, Twinza’s recently appointed Chairman Stephen Quantrill told the Chamber conference. The project, which contains an estimated 120 million barrels oil equivalent, would provide US$200 million […]

Vice Minister of Mining on Mineral Policy and Legislation Review

Image Caption: Vice Minister for Mining, Hon. Peter Sapia 02 Dec 2021 The Ministry of Mining had undertaken the review of the mining policies and legislations including the development of new mining sector policies since 2009. The review of the Mining Act 1992 was completed in 2016 and is still before the National Executive Council […]

error: Content is protected !!