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Exxonmobil PNG Invests K8.4M In Local Communities In 2020

by PNG Business News - July 08, 2021

Photo Credit: Post Courier

In the year 2020, Exxonmobil PNG has invested a total of K8.4 million in local communities through contributions, sponsorships, in-kind assistance, and community-based initiatives.

Through tax credit initiatives, an additional K57.4 million was spent on local infrastructure.

Despite multiple COVID-19 challenges, EMPNG's team achieved record LNG production levels, delivering the company's best safety performance since production began while continuing to meet environmental and social commitments, according to outgoing managing director Andrew Barry's annual PNG LNG Environmental and Social report.

“EMPNG has completed over 70 million hours of work since production began and had not lost time incidents for more than three years, with no significant process safety events for almost seven years.

“A significant milestone was achieved on September 1 with EMPNG’s first shift fully managed and operated by qualified Papua New Guinean workers.

This included the Hides Gas Conditioning Plant and Pipeline Operations Supervisors, and control room, field and pipeline technicians,” Barry said.

He said the K8.4 million investment comprises the continuation of the PNG LNG Project's contract with ANU enterprise proprietary limited, which began in 2015, to enhance community livelihoods.

According to the study, more than 5400 community interactions would be held in 2020, with over 2000 official and 3400 informal encounters with 36,650 stakeholders.

New managing director Peter Larden remarked, “I look forward to building upon the standards Andrew Barry and EMPNG have set to further cement PNG’s reputation as a world-class LNG producer and to be able to contribute in a sustainable and meaningful way to enhancing the communities in which we operate and the nation of PNG.”

 

Reference:

Post-Courier (7 July 2021). “ExxonMobil Proud OfK8.4M Investment In Local Communities”.



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