AGP Executive Report
Last update: 3 hours agoGas Development: ExxonMobil’s planned Papua LNG project faces fresh environmental scrutiny, with CELCOR warning its 320-kilometre pipeline and gas-field footprint could threaten 27 endangered species, including the rare Bulmer’s fruit bat. A government decision is expected in December. Tourism and Skills: Sheraton Port Moresby Stanley Hotel & Suites has opened, with Marriott highlighting PNG’s tourism potential and the hotel’s role in creating jobs. In Lae, a K15 million Australian-funded tourism and hospitality centre at Malahang Technical Secondary School aims to equip young people for work and business. Agriculture and Climate: A K44 million adaptation project will support 18,600 households in Enga, Milne Bay and New Ireland, as El Niño threatens farming and export earnings. BSP says mining remains a key source of foreign exchange, while dry weather and weaker agricultural output are adding pressure. Transparency: Prime Minister James Marape has reaffirmed PNG’s commitment to the Extractive Industries Transparency Initiative, promising stronger government engagement on accountability in the mineral and petroleum sectors.
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