Energy

Papua New Guinea Energy

Much of Papua New Guinea’s economic success over the past decade, along with its prospects for future growth going forward, can be tied directly to the energy sector. The efficient construction and operational launch of the country’s first liquefied natural gas (LNG) programme the $19bn PNG LNG project not only secured unprecedented foreign direct investment (FDI) into the country and provided a stable revenue stream for years to come, but also delivered evidence that large, capital-intensive projects could be delivered effectively. With this proof of concept now established though the partnership of large international oil companies and the government of PNG, the door is open for further large-scale hydrocarbons recovery projects across the country.

This chapter contains interviews with Peter Botten, CEO, Oil Search; Raka Taviri, CEO, Water PNG; and Tony Honey, Managing Director, PNG Forest Products.

Cover of The Report: Papua New Guinea 2016

The Report

This chapter is from the Papua New Guinea 2016 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Peter Botten, CEO, Oil Search
OBG talks to Peter Botten, CEO, Oil Search: Interview