AGP Executive Report
Last update: 11 hours agoFuel Shock Watch: PNG CORE says fuel prices will move back to market-based rates from May 15 after subsidy reimbursement delays, warning some service stations could see availability hiccups even as it insists there’s no overall shortage. SME Readiness: BSP urged PNG SMEs to build capability now to cash in on the coming resource “super-cycle” tied to LNG, Wafi-Golpu and Frieda River. Energy & LNG Momentum: Kumul Petroleum flagged a push to develop smaller gas discoveries alongside big LNG projects, while Kumul Petroleum also announced a board leadership handover. Mining Cashflow: K92 Mining posted record Q1 2026 results as Kainantu expansion work continues. Oceans Push: PNG moved to protect a coral-rich “marine highway” and backed wider Melanesian ocean cooperation, with new regional fisheries MoUs signed during the summit. Governance Pressure: PNG failed to respond to a UN inquiry on SABL and FCA logging licences by a key deadline. Business Links: Westpac PNG’s Andrew Cairns was appointed APNGBC president, and Central Province renewed ties with the Cook Islands.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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