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Governor Allan Bird Demands Marape's Removal

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Governor Allan Bird Demands Marape's Removal Allan Bird, the governor of East Sepik, is speaking out against how Papua New Guinea (PNG) is being run. He's not happy with Prime Minister James Marape and wants things to change. Allan Bird is becoming a big voice in the opposition party. He's known for being honest and talking about the problems people care about, like bad government and lack of honesty. He says people are tired of the government's decisions. One of the things Allan Bird is criticizing is the Connect PNG program. This program is supposed to improve roads and other infrastructure across the country. But Allan Bird says the money isn't being used properly. He wants to know where the money is going and if it's really helping people. This raises questions about whether the government is being honest about how it spends money. Allan Bird's speech has started a big discussion about who should be leading PNG and how the country should be run. He...
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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.

RELATED STORIES
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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𝗦𝗧𝗔𝗕𝗜𝗟𝗜𝗧𝗬 𝗢𝗥 𝗦𝗧𝗨𝗣𝗜𝗗𝗜𝗧𝗬??? By Hon. Bryan Kramer

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 𝗦𝗧𝗔𝗕𝗜𝗟𝗜𝗧𝗬 𝗢𝗥 𝗦𝗧𝗨𝗣𝗜𝗗𝗜𝗧𝗬??? By Hon. Bryan Kramer: Tue April 8 2025 Our Pati Leader, Hon. Paita, has issued a press statement reaffirms Our Pati's unwavering support for the Pangu-led Government and PM Marape, ahead of impending vote of no confidence (VoNC). "This is no time for political instability - it is a time for nation-building during a challenging period of our nation's history," said Paita, who also serves as Minister for Mining and Special Projects. Paita added:  "Why does stability matter? Our Pati's own experience have shown that political instability comes at high cost for PNG - especially when the nation needs unity above all else. It erodes investors confidence, delays major projects, and disrupts governance.  Countries like Singapore, Rwanda, and Fiji have thrived by prioritizing stable leadership and policy consistency. PNG must do the same." 𝗠𝘆 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗲: That's quite amusing - considering many of these ...
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Appeal to MPs to Put the Country First - Media Statement By Hon. James Nomane

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MEDIA STATEMENT BY HON. JAMES NOMANE.  Appeal to MPs to Put the Country First (Monday 7 April 2025) Is Papua New Guinea better off since Honourable James Marape became Prime Minister in 2019? This is the key question that all MPs must ask themselves before the upcoming Vote of No Confidence (VONC) in April. All MPs must put the country first and not limit their focus to districts and provinces.  From 2019 to 2025 the cumulative budget total of the Marape government has been K156.8 billion, comprised of K39.9 billion (25%) debt financing and K116.9 billion (75%) tax revenue. This K39.9 billion debt is the highest incurred by any government since Independence and by the end of 2025 our national debt will reach K65.0 billion. This high level of debt will reduce investment in health and education and put more pressure on loan repayments.   We cannot see the cumulative effect of spending K156.8 billion in 6 years? Where are the notable public investments that are making ...
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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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