AGP Executive Report
Last update: 6 hours agoRegional Trade: PNG and Fiji business councils are targeting stronger trade and SME access to each other’s markets. Fiji exported about K52 million in goods to PNG in 2025, compared with PNG’s K37 million to Fiji. Gas: ExxonMobil has taken over operatorship of Papua LNG, with the joint venture working toward a final investment decision by 15 December. Mining: Augustus Minerals is pursuing an exploration licence for the Mt Kare gold-silver project, 15 kilometres from Porgera; its application is still pending. Power: After the Ramu Grid upgrade, Prime Minister James Marape is urging private investors to build new generation, particularly renewable power, to meet rising demand. Tourism: PNG is targeting K3.6 billion in annual tourism output by 2028, while MRDC is calling for incentives that reach landowners and community businesses. Agriculture and energy: Bogia cocoa farmers received a community bonus for quality beans, and a home-biogas project launched in Central Province, with 30 kits planned across PNG.
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