Many variables: Page 34OBGplus
With the ramping up of the PNG LNG project, the contribution of the resources sector will rise from 12% to 22% of GDP over the span of a year. Falling LNG prices, however, will affect returns in the near term. PNG is a resources-dependent economy and is set to become more so over time, but the development of other sectors is also key. The non-resources sector is expected to grow by 4% in both 2015 and 2016. 6 10 13 16 20 25 26 27 29 30 31 34 43 44 45 Papua New Guinea in figures Land of diversity:…
