AGP Executive Report
Last update: 4 hours agoGas Sequencing: PM James Marape says PNG’s P’nyang LNG will move only after Papua LNG reaches FID, with the project set to deliver a 63% state benefit—aimed at keeping oil and gas activity running to 2040. Deep-Sea Mining Watch: A “dot-com boom” style rush is building as new deep-sea mining firms chase fast-track US permits, but critics warn many are unproven and could face legal fights and real-world viability tests. Skills & Connectivity: Australia launched Pacific Australia Skills in PNG to boost job-ready technical training, while PNG businesses begin OneWeb trials as the “other” LEO option beyond Starlink. Energy Policy Pressure: Sir Puka Temu urges a national oil refinery policy as Kutubu-era reserves are largely exhausted; meanwhile, Santos doubles down on LNG and oil growth in Alaska and PNG and says existing gas contracts should be protected under Australia’s reservation rules. Mining Governance: John Tuaim has been sworn in as Mineral Resources Authority board chairman. Trade & Ports: Marape backs a K400m Rabaul port redevelopment with French and EU support, positioning it as a Pacific logistics hub.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
Perspectify News
