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PNG to host Petroleum and Energy Summit in 2017

Staff Reporter | 4:38 AM | |
PNG is set to host the inaugural Petroleum and Energy Summit in March next year, says Minister for Petroleum and Energy Nixon Duban in Sydney.

Mr Duban stated that following his recent visit to Tokyo, Japan, for the 5th LNG Consumer Producer conference 2016 he has given an update on the country’s current status of the Hydrocarbon and Petroleum sector development.

He said he has also invited global palyers in the industry to also attend the Petroleum and Energy Summit and this is because PNG has got a lot of potential especially with how the country played host to Hydrocarbon production and export in the Asia Pacific Region.

"In the 21st century, Asia is where much of our LNG exports are bought and consumed.