PNG Economics Bulletin

Santos announces refinancing of syndicated debt facility

Santos announces refinancing of syndicated debt facility

Santos this week announced it had executed documentation to refinance its 2025 maturing syndicated bank loan facility. Santos holds leading shares in the PNGLNG Project following the successful merger with

September 25, 2024
Twinza’s Pasca A Gas Project on the cards to boost PNG Economy:  PM satisfied with Progress

Twinza’s Pasca A Gas Project on the cards to boost PNG Economy: PM satisfied with Progress

Prime Minister James Marape yesterday convened with State Lead Negotiator Dairi Vele yesterday to discuss key developments related to the Pasca Gas Condensate Project, located offshore from Kerema town. The

September 23, 2024
NEA Unveils First Corporate Plan 2023-2027: Paving the Way for Papua New Guinea’s Energy Future

NEA Unveils First Corporate Plan 2023-2027: Paving the Way for Papua New Guinea’s Energy Future

By Roselyn Erehe The National Energy Authority (NEA) has officially introduced its Corporate Plan for 2023-2027, marking a pivotal moment for the energy sector in Papua New Guinea (PNG). Launched

September 17, 2024
PNG Power Limited Launches Replacement of Outdated 7-Digit Prepaid Meters in NCD and Central Province

PNG Power Limited Launches Replacement of Outdated 7-Digit Prepaid Meters in NCD and Central Province

PNG Power Limited (PPL) is embarking on a vital initiative to replace all 7-digit prepaid meters with more advanced 11-digit prepaid meters in the National Capital District (NCD) and Central

August 15, 2024
Unreliable Power Supply Stifles Economic Growth in Papua New Guinea

Unreliable Power Supply Stifles Economic Growth in Papua New Guinea

A recent report, the Asia Pacific Outlook released in April, has highlighted the crippling effects of an unreliable power supply on economic growth in Papua New Guinea's main urban areas.

April 24, 2024