Papua New Guinea Government focuses on mining projects

 THE Papua LNG Project, New Porgera Mine, Wafi-Golpu Mine, P’nyang LNG, Pasca LNG and Pandora LNG are the six major resource projects the Papua New Guinea (PNG) Government is focused on, Prime Minister James Marape says.

Marape said this in response to Treasurer Ian Ling-Stuckey’s ministerial statement on the 2020 Final Budget Outcomes, 2021 Mid-Year Fiscal and Economic Outlook and the Way Forward.

“This is more than the previous Peter O’Neill regime which had only the Papua LNG Project to its name,” he said.

Photo PNG Prime Minister James Marape
Papua New Guinea Government  focuses on mining projects. Photo PNG Prime Minister James Marape

“O’Neill, in eight years, delivered only the Papua LNG (liquefied natural gas) project.

“We are working very hard, and in just two years, we are discussing Papua to ensure that it takes off, Wafi-Golpu, New Porgera, Pandora, Pasca and P’nyang.

“These five big projects, apart from the Papua LNG project, remain our focus, to ensure our economy is strong.”

Marape said the difference between his Government and O’Neill’s was that his Government was for a better deal for Papua New Guinea on all these projects.

He said the Papua LNG Project was not one that was supposed to have begun right away as the Opposition was claiming.

“The Papua LNG Project was not supposed to have been constructed in 2019 or 2020,” he said.

“It would have to go into pre-Feed (front end engineering and design), then Feed, and then Fid (final investment decision).

“They (Opposition) are making it (Papua LNG Project) as if it was going to be a miracle that would have brought money into the country in 2019 or 2020.”

Marape said the Papua LNG Project was going into Feed in 2022, Fid by 2023, and construction to start in 2024 or 2025.

The National / Pacific Mining Watch

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