MARKETS

Gas producers in PNG forced to re-register

OIL and gas companies operating in Papua New Guinea will need to re-register to continue operations under changes to the country's corporations act.

File photo: PNG PM James Marape

File photo: PNG PM James Marape

Since the 1970s, mining and gas production have dominated the PNG economy. Oil and gas accounts for 15.4% of GDP while mining nearly 25%.  However, last month the PNG government passed amendments to...

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