GAS

<img src=http://www.energyreview.net/web_images/MNN_PNGResFocus_sm.jpg border=0 ><BR> PNG pipeline to be covered in inter-govt talks

THE Papua New Guinea – Queensland pipeline will be a major topic of discussion between the Australian and PNG governments when leaders meet today for the 17th Australia-PNG Ministerial Forum.

Australian foreign minister Alexander Downer will lead the talks at the Royal Pines resort on the Gold Coast. Also attending will be defence minister Robert Hill, attorney-general Philip Ruddock, immigration minister Amanda Vanstone, finance minister Nick Minchin, justice minister Chris Ellison and transport minister Warren Truss.

The talks, to cover a wide range of topics, will also be attended by 11 PNG ministers, including foreign minister Sir Rabbie Namaliu.

The PNG gas pipeline project will help Australia reduce its aid to Papua New Guinea and boost investment and trade between the two countries, PNG high commissioner to Australia, Charles Lepani, said at last week’s Australia & PNG Gas Conference in Brisbane.

“It would set the basis of a bilateral relationship that is mutually beneficial for our two countries and our people, for the very reason that the pipeline project will tie the two countries as mutually and commercially dependent on each other and as equal sovereign nations,” PNG’s The National newspaper reported him as saying.

But Lepani also said both nations’ governments had responsibilities to ensure the ongoing success of the venture.

“This requires the on-going effort by both governments to manage the non-commercial risks that might threaten the continuing success of the project,” Lepani said.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry