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Gulf Updates On Major Resource Projects



While the names Papua LNG and Pasca A are the more common names being tossed about as major economic projects, the Gulf Province is set to host beyond the two mentioned, in terms of major investments in resources.


Gulf Governor Chris Haiveta, last week, gave an update of other major projects still in the works for his province and the interaction the provincial government has been having with developers.


“For Total, the Papua LNG they have done all the work, social mapping everything is ready, so we are just waiting for P’nyang to finalise.


“With the province we are ready to go to the development forum.


Our views have already been given a year or two years ago.


“Even also for Twinza we are also ready, so we have got our own structures, everything to be done so we are waiting,” Mr Haiveta said.


On the much debated coal mining prospects in the province, Mr Haiveta affirmed, the existence of two deposits, adding whilst the development will be focused on exports – the issue was still pretty much one of the mining authorities to liaise with his government to move the project forward.


“Two developers and you are looking at pretty substantial coal deposits there and they are basically for export. It is up to them, the developers, how they move.


“It is a mining issue and I don’t want to comment on it, the national government function and let them sort out what they need to do and then come to the provincial government.”


The same proponent of the coal development, Mayur Resources, also has its sights set on mineral sands, but according to the governor, Covid-19 has delayed the advancement so far for that.


“That is going on as well, it is at the stage where they are doing bulk sampling, they were going to start and then Covid hit and it has been delayed for a while, they will sort themselves out, and the machinery and all those things were supposed to come from China,” Mr Haiveta said.


He added that whilst the province’s timber industry has hit a snag with taxation increases on logs, the support for downstream processing is also vital with provincial support with the national government.

“Because the tax are so high we have had operations close down but the Marape-Steven government wants to go into downstream processing and the provincial government fully supports that.”


He added that domestic market obligation for gas and electric power generation through revised plans for the Purari Hydro will all set the platform for downstream processing, with plans for an international port at Kikori set for development, all geared towards the province set to be a major industrial hub in the country.


Source: https://postcourier.com.pg/gulf-updates-on-major-resource-projects/

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