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O'Neil's Condolence Message to the Late Rt. Honourable Sir Julius Chan, GCL, GCMG, KBE, PC and Governor, New Ireland Province and Former Prime Minister

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By: Peter O'Neil, MP. My speaking notes at the Funeral this evening of the Late Rt. Honourable Sir Julius Chan, GCL, GCMG, KBE, PC and Governor, New Ireland Province and Former Prime Minister Lady Stella Chan, Vanessa, Byron, Mark and Toea and your extended family Thank you for giving us the opportunity to pay our respects to this Great Leader of our country and our people.   Sir Julius as known to all of us, was a man amongst men. A leader of leaders and a statesman who dedicated his entire adult life contributing enormously to nation building.   As one of the founding fathers, Sir Julius served his country and people well. A service to his community and his stance on good governance are his public legacy. Shining examples of not just doing what is good for our people but also ensuring it is done right.   Doing the right thing is not always the easy thing but Sir J demonstrated over and over that this doing the right thing by Papua New Guinea was the only cou...
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SANTOS AGREES TO SELL 5% STAKE IN PNG LNG TO STATE-OWNED KUMUL FOR $1.1 BILLION - WHY PAYING FOR SOMETHING THAT PNG ALREADY OWN?

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SANTOS AGREES TO SELL 5% STAKE IN PNG LNG TO STATE-OWNED KUMUL FOR $1.1 BILLION 

Reporting by Sonali Paul, Editing by Louise Heavens 

MELBOURNE, Sept 26 (Reuters) - Santos Ltd (STO.AX) has agreed to sell a 5% stake in PNG LNG to Papua New Guinea's state-owned Kumul Petroleum for $1.1 billion in a deal to be announced on Tuesday, the Australian Financial Review reported late on Monday.

Santos declined to confirm the report. Kumul Petroleum could not be reached outside office hours.

Santos said in August it expected to reap proceeds from the sale of a 5% stake in PNG LNG "in line with market consensus valuation", which was around $1.5 billion.

There had been some speculation that Santos was under pressure to give away 5% of PNG LNG to Kumul Petroleum, but Santos Chief Executive Kevin Gallagher told Reuters in August: "Whoever is going to get 5% off us will pay the market value ... or we wouldn't sell it."

Santos became the largest shareholder in PNG LNG, Papua New Guinea's largest resource project, with its takeover of Oil Search last year.
With the selldown of 5%, Santos will own 37.5%, still ahead of Exxon Mobil Corp (XOM.N), the operator, with 33.2%. Kumul Petroleum will own 21.8%. The remainder is owned by a unit of Japan's JX Holdings Inc and PNG state-owned Mineral Resources Development Co.

The PNG LNG stake was one of three assets Australia's no.2 independent gas producer put up for sale this year aiming to raise up to $3 billion.
However it pulled the sale of a stake in the Pikka oil project in Alaska after failing to find a buyer at the right price. Plans to sell a stake in the Dorado oil project in Australia are on hold as Santos indefinitely delayed final approval for the development.

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PRIME MINISTER HON. JAMES MARAPE HAS INVITED LEADING JAPANESE COMPANY SOJITZ CORPORATION INTO THE UPSTREAM AND DOWNSTREAM PROCESSING OF LIQUEFIED NATURAL GAS (LNG) IN PAPUA NEW GUINEA.

PRIME MINISTER HON. JAMES MARAPE HAS INVITED LEADING JAPANESE COMPANY SOJITZ CORPORATION INTO THE UPSTREAM AND DOWNSTREAM PROCESSING OF LIQUEFIED NATURAL GAS (LNG) IN PAPUA NEW GUINEA.
Location: Papua New Guinea

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Full speech: Australian Prime Minister Anthony Albanese's Address to Papua New Guinea's Parliament

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LISTS OF FULLY FUNDED SCHOLARSHIPS FOR 2023 - 2024

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  🔴A LOT OF SCHOLARSHIPS FOR 2023 - 2024🔴 Bank of America Paid Internship Program 2024 Apply here:  https://lnkd.in/giU_7dVZ Queen Elizabeth Commonwealth Scholarship in UK 2023-2024 | Fully Funded Apply Now:  https://lnkd.in/gDfmS8wZ Stanford University Free Online Courses 2023 Apply here:  https://lnkd.in/gawDwTdR Microsoft Internship Program 2023 | Paid Internship Apply here:  https://lnkd.in/g9VfAWkV HP Free Online Courses with Free Certificates 2023-2024 | HP LIFE Apply here:  https://lnkd.in/gZyUKVpS Joint Japan World Bank Scholarship Program 2023, Fully Funded Apply Now:  https://lnkd.in/gMmp97Gj Chulalongkorn University Scholarship in Thailand 2023 | Fully Funded Apply here:  https://lnkd.in/gNx8j9Wv Harvard University MBA Scholarship 2023 in the USA Apply here:  https://lnkd.in/giK9etA8 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐆𝐫𝐚𝐝𝐮𝐚𝐭𝐞 𝐀𝐰𝐚𝐫𝐝 𝟐𝟎𝟐𝟒 | 𝐅𝐮𝐥𝐥𝐲 𝐅𝐮𝐧𝐝𝐞𝐝 Apply Now:  https://lnkd.in/gJWYMN...
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BRIEF HISTORY OF SIR IGNATIUS KILAGE - THE FIRST PRIEST

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Young men who went to school in the early times went on to become important people.   Kulkane man, Ignatius Kilage, was the first man from the highlands to be ordained a priest in 1968 and later he was to become one of the most distinguished statesmen in Papua New Guinea. As the day of his ordination approached, Ignatius especially chose the date December 17th 1968 in memory of the burial date of Father Karl Morschheuser. THE FIRST PRIEST - SIR IGNATIUS KILAGE By: Mathias Kin -  PNG History, Facts & Ideas. This is a story of one the most important and iconic figures of Simbu captured in our history book "MY CHIMBU".  The detailed life story of Sir Ignatius here is as told to me by the late Lady Regina Kilage sometime in 2006 at the Mt Wilhelm Hotel in Kundiawa.  The photo of him here is a 1987 election campaign picture when he contested for the Simbu Regional Seat under the National Party.  That was a year after Sir Iambakey Okuk had died. Ignatius Kila...
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The Minister for Health, Hon. Dr. Tom Lino has highlighted what the people of Papua New Guinea should be expecting in HEALTH in the NEXT THREE MONTHS.

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The Minister for Health, Hon. Dr. Tom Lino has highlighted what the people of Papua New Guinea should be expecting in HEALTH in the NEXT THREE MONTHS. No nation in the world has conquered health and its issues. Even the developed world struggle. We’re no exception and we do have our own peculiar issues.  THE NEXT 3 MONTHS-WHAT TO EXPECT IN HEALTH By Hon. Dr Tom Lino | Wabag MP & Health Minister  Happy 47th Independence PNG! Nations have taken centuries to develop. We've barely made a start but that's not an excuse. We can do better. Firstly, we thank God for a beautiful country that is so full of promise. I also thank him for this opportunity to serve His people in this very important social sector. I thank the good Prime Minister Hon James Marape and his Pangu Party for gracing me with this opportunity. No nation in the world has conquered health and its issues. Even the developed world struggle. We're no exception and we do have our own peculiar issues.  Currently, ...
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