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Talks To Continue For New Papua LNG Deal, Says PM

The government will continue to engage in dialogue and discuss further its proposal seeking a new gas deal in the Papua LNG, Prime Minister James Marape said yesterday.

This is despite the meeting in Singapore between the PNG government negotiating team and two major oil conglomerates not reaching a decision.

Mr Marape said nothing concrete was decided at the meeting with oil and gas giants, Total, ExxonMobil and Oil Search for an amicable solution.

But he said during a tour of the National Research Institute yesterday that the government was positive that a favourable dialogue and discussion with the Papua LNG players would be reached.

Mr Marape did not provide details of the re-negotiations between the two oil and gas giants but advised that a statement would be released by the end of the week. “The government and Total will be having dialogue and discuss the issue further,” Marape said.

“Our team led by Petroleum Minister Kerenga Kua is still out and will be able to release an official statement soon.”

Yesterday, Gulf Governor Chris Haiveta defended that the Gulf provincial government was not a party to the ongoing review of the Papua LNG Project. “We were co-opted by the previous government through a standing NEC decision by the last Somare government to take part in the Papua LNG Gas Agreement as a member of the Ministerial Gas Committee and its oversight sub-committee,” Mr Haiveta said.

“We are seriously concerned at the lack of transparency, pandering, unobjective and nebulous actions and advice displayed by senior advisers to the government-of-the-day in breach of established rules on State’s contractual existing obligations whether bi-lateral or multi-lateral, or to service providers and any other party thereby eroding the hard earned reputation of PNG as a country that lives up to and keeps its word,” he said.

“Furthermore, the Gulf provincial government had very clear and specific issues with provincial and national government that were submitted to State negotiating team in the previous government for inclusion in the Papua LNG Gas Agreement but brushed aside by the State negotiating team and former government in the gas agreement negotiations and have now been taken up as an afterthought in the current review by the new government.

“We will specify our stand for the people of Gulf and the direct project beneficiaries only after the State and developers reach understanding on where the project is heading and inform us publicly,” Mr Haiveta said.

Continue reading at https://postcourier.com.pg/talks-continue-new-papua-lng-deal-says-pm/ | Post Courier

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