New government in Papua New Guinea must get its policies on resources right

摘要

PAPUA New Guinea's new government has put the frighteners up the country's liquefied natural gas players and other resource investors with its threats over tax increases and policy changes. Whether or not the government's planned review of the Papua LNG Gas Agreement leads to changes to fiscal terms, the development of that project is on hold until the review is complete, and as a result so are the P'nyang gas project and the three-train expansion of the existing PNG LNG facility.