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PNG Government urged to set up petroleum, energy authority

THE Chamber of Mining and Petroleum has urged the Government to establish a Petroleum and Energy Authority.
Chamber president Geeara Aopi said an authority was needed to allow the industry to have more input into policies governing the sector with regards to economic development.
Aopi relayed the industry’s concerns to the Government during the PNG Mining and Petroleum conference yesterday.
He proposed changes to the mining legislation.
“We’ve had 15 months of consultation with the department of mineral policy and geohazards but have failed to come to a mutual agreement on a number of issues.
“One issue is the appropriate establishment of the Petroleum and Energy Authority,” he said.
“At previous conferences, we have been advised that the authority would be established.
“Until now the industry has not had the benefit of viewing and commenting on any of the proposed legislation.
“With the pending PNG LNG expansion and Papua LNG project, it would be timely to put PNG’s petroleum sector on a sound podium.”
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