Tuesday, October 30, 2018

PNG Ministers and Mining bureaucrats set for tax payer funded Xmas shopping in Sydney

PNG’s Premier International Conference Set For December

Post Courier | October 25, 2018

PAPUA New Guinea’s premier international conference, the PNG Mining and Petroleum Investment Conference will be staged this year in Sydney, Australia from December 3 to 5.

Hosted by the PNG Chamber of Mines and Petroleum, this will be the 15th conference that has been held outside of PNG primarily for potential investors and major players in the mining and petroleum industry.

More than 700 delegates and exhibitors from resource and service companies, government organisations, landowner groups, international investors and financiers, and aid organisations are expected to attend the conference.

Themed PNG Resources Industry: Investment and Partnership to enable PNG’s Growth and Development, the conference will once again showcase the exciting developments occurring in PNG’s resource sectors, as well as highlights from PNG APEC 2018. It will also provide a comprehensive technical update on the current and proposed projects, new discoveries and exploration.

The event offers an excellent opportunity to meet all the players in the PNG mining and petroleum industry, including financiers, government, service companies and contractors, and for joint venture discussions, networking and promotions.

Highlights will include the performance and proposed expansion of the world class PNG LNG Project, progress of the planned Papua LNG project based on the major Elk-Antelope gas fields, as well as updates on the mega-sized Wafi-Golpu and Frieda River copper-gold prospects.

The conference comes directly after the APEC 2018 Leaders’ week.

Outcomes and successes of this global forum will be highlighted for the first time in the mining and petroleum conference and will be a feature of the overall event.

Prime Minister Peter O’Neill, will deliver the opening address followed by speeches during the event from Deputy Prime Minister and Treasurer Charles Abel, Mining Minister Johnson Tuke, Petroleum Minister Dr Fabian Pok, Minister for Communication, Information Technology & Energy Sam Basil, Environment and Conservation Minister John Pundari and Minister Responsible for APEC Justin Tkatchenko.

In focus also will be the structure of the PNG resources industry’s fiscal regime and the management of landowner benefits and growth in business development opportunities.

Experiences from the international firm Arctic Slope Regional Corporation a locally owned Alaskan conglomerate will highlight their achievements and challenges in managing a sustainable community business.

Mr Tkatchenko will speak on the outcomes and successes of the PNG APEC 2018.

The conference will also feature an international guest speaker Professor Paul Stevens, a distinguished fellow at Chatham House, the Royal Institute of International Affairs in London.

Prof Stevens will be providing valuable insight into the global oil and gas market, with focus on the outlook for PNG and its new developments. He is also a professor emeritus at the University of Dundee and has published extensively on energy economics, the international petroleum industry and economic development issues, among others.

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