AGP Executive Report
Last update: 23 minutes agoPNG LNG Consultations: Opposition Leader James Nomane demands the Papua LNG Development Forum be relocated back to project provinces and districts, saying consultations must follow the Oil and Gas Act and not sideline landowners. Energy Investment Deadline: PNG Petroleum Minister Jimmy Maladina says TotalEnergies-led Papua LNG gets improved temporary terms only if partners reach a “drop-dead” Final Investment Decision by 15 December. 5G Rollout: NICTA has cleared 5G spectrum in the 2.6 GHz and 3.5 GHz bands for licensing, paving the way for faster speeds and capacity, with Vodafone PNG targeting coverage in the NCD and at least one other city within 18 months. Financial Inclusion & Safety: Bank of Papua New Guinea governor Elizabeth Genia stresses inclusion must be safe and trusted, while BSP CEO Mark Robinson highlights digital payments and growth in mobile and internet banking. Climate Finance Push: PNG backs Green Climate Fund support for forests and oceans, while the GCF signals backing for the Pacific-led Pacific Resilience Facility. Coral Reef Commitment: Palau and other Pacific Forum members back a global pledge to protect climate-resilient coral reefs ahead of COP31. Business & Growth: Bahma expands with a new Port Moresby office to tap PNG LNG, power, mining, construction and banking opportunities; Nasfund CEO Rajeev Sharma receives the King’s Medal for 25 years of service.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.