byย PNG Business Newsย -December 08, 202
According to Prime Minister James Marape, the multi-billion kina Porgera mine will reopen in April of next year.
He said that Papua LNG, P’Nyang, and Wafi-Golpu, the country’s three main significant resource projects, were “on track.”
The government also aims to “finish off” the Pasca A oil and gas project.
โFor Porgera, work to restart (the mine) has happened and we are looking at April 2022,โ Marape said.
โFor PโNyang, we brought it back on the table and itโs pretty much in advanced discussions with the SNT (state negotiating team).โ
He stated that the government wants more “for our resources.” โThe industries respect what we want, even in the context of existing law,โ he said.
โThe push to get back more for our resources remain very much active on the table.
โWe are trying to synchronise PโNyang with the Papua LNG.
โPapua is moving ahead. They will be going into feed next year and hopefully by 2024, they go into FID and construction later on.
โWe are trying to ride PโNyang on the back of Papua. If the two constructions are sequenced properly, this country will see the benefit of six, seven or eight years of construction activities.โ
He stated that negotiations with landowners and the Morobe administration on Wafi-Golpu will continue shortly.
Reference: Pacific Mining Watch (6 December 2021). โPNG’s Porgera Mine to Open in April, 2022 : Marapeโ.