Wapu Sonk, Managing Director, Kumul Petroleum Holdings

LNG set to boost Papua New Guinea’s economy

Global Platform

In this Global Platform video, Wapu Sonk, managing director of Kumul Petroleum Holdings, talks about PNG’s advantages as a strategic location for extractive industries. With a stable government, popular support for upcoming projects and plans to invest $20bn in the sector, PNG is well placed to benefit from growing demand in the Asia-Pacific region. Sonk also discusses plans to secure three new LNG trains and opportunities to broaden the use of gas to develop other sectors of the economy.