AGP Executive Report
Last update: 12 hours agoLNG Trade: Taiwan will close its representative office in PNG, end technical and aid programmes, and stop new spot LNG purchases. It had planned to buy about 500,000 tonnes in the first half of 2026, raising questions for PNG’s energy exports. Mining: Ok Tedi says it contributed about K32 billion to the economy over the past decade and is pursuing approvals to operate beyond 2050. Its Misima gold project is targeting first production in 2030–31. Investment: BSP has committed K385,000 as a first-time principal sponsor of PNG Investment Week 2026, backing efforts to connect investors with local projects. Telecommunications: Telikom CEO Amos Tepi was named Asia-Pacific Telco CEO of the Year, bringing regional recognition to PNG’s communications sector. Agriculture and Climate: Farmset sold 21 solar irrigation pumps to farmers, while forecasts of drier conditions across parts of PNG raise concerns for water supplies and crop production.
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