AGP Executive Report
Last update: 5 hours agoSpace & Aviation Modernisation: PNG is set to be the first country to roll out a space-based Air Traffic Management system across its airspace after an agreement between NiuSky Pacific and Australia’s Skykraft, with support from Civil Aviation Minister Wake Goi—aimed at boosting safety and efficiency in remote and mountainous areas. Energy & LNG Planning: Prime Minister James Marape led a high-level visit to Kikori to consult Gulf leaders and landowners on preparations for the Papua LNG Development Forum, underlining the project’s role in jobs and long-term growth. Water Infrastructure: EIB Global and the EU are backing a major drinking-water expansion, including a $25m concessional loan and EU support, targeting an extra 400,000 people and improved Port Moresby water reliability. Green Finance Push: PNG launched new green finance standards and tools at the Green Finance Summit 2026, including updated green loan classification and reporting, to attract sustainable investment. State Enterprise Governance: Kumul Petroleum has started a governance overhaul under new chairman Isaac Lupari, focusing on stronger controls over approvals, procurement and financial delegations. Mining Restart Watch: Adyton Resources cleared a key Mining Lease Warden’s Hearing hurdle in its bid to restart the Wapolu gold mine on Fergusson Island. Labour Mobility: Australia’s Pacific Labour Mobility scheme is drawing more PNG interest from employers after recruitment and training visits to East New Britain and East Sepik. Business & Community: K92 Mining published its 2025 Sustainability Report, highlighting local workforce and procurement in PNG.
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