Sunday, August 08, 2010
Lessons for Papua New Guinea from Greece and Turkey
DURING A RECENT farmers' tour to Greece and Turkey I observed a number of social impacts affecting both countries that Papua New Guinea could learn from.
The European Union (EU) recently offered large subsidies to Greek farmers to grow cotton and so compete with other non-EU cotton producers.
Many farmers turned to cotton in preference to their normal food crops.
But cotton needs a lot of water and Greece is mostly a very dry country.
So when it started to import fresh food because it was not growing enough itself, the cotton subsidies were discontinued.
Lesson: Only crops suitable for the local conditions and local consumption should be encouraged. Perhaps the broad acre farming of oil palm in PNG should be reviewed to see who will benefit from this activity in the long run.
With 73 million people, Turkey is a very populous country with 50 per cent of its people involved in primary production.
Since every farmer traditionally wills his farm to his children, as the rural population has increased, each farm has become smaller.
Now many farms are unviable.
Increasingly, young people are moving to the cities to find employment away from the hard work on the land.
Yet they still own small unproductive acreages - good food producing land standing idle or growing weeds.
The Turkish government has just passed a law that only those people who farm can inherit land.
There will soon be a larger drift of young, unskilled people to the cities.
These people will need retraining and new employment opportunities.
Yet the current government does little planning.
Lesson: Planning will help PNG when rural small holdings become unviable and there is a larger drift of young people to the cities. Training and new employment activities must be planned now to absorb this future labour force.
Both Greece and Turkey are much sought after tourist destinations.
Both are situated in a very volatile part of the world and every time there is strife, tourism slumps dramatically.
Neither country can control its neighbours and economic activities can be severely affected by what goes on next door.
Lesson: Don't become dependent on just one big export earner, especially if it may be directly influenced by another country. In other words, 'Don't put all your eggs in one basket'. Now why did I immediately think of LNG?
Saturday, August 07, 2010
On a wing and a prayer: a tribute to the late Captain Christopher Caines
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| Captain Christopher Kaines...two years on, his plane crash is shrouded in mystery |
Friday, August 06, 2010
Papua New Guinea government and World Bank to sign agreements for rural projects
By SOLDIER BURUKA of DAL
The Government of PNG and the World Bank will sign two loan agreements worth over K100 million for rural development projects.
The signing ceremony for the agreements for financing two projects that have significant merits in supporting smallholder agriculture and telecommunications services in the rural areas of PNG will take place on Monday (August 9).
Minister for Finance and Treasury, Peter O’Neill, representing PNG government, and Ferid Belhaj, Country Director, Timor Leste, PNG and
The World Bank funds will finance the Productive Partnerships in Agriculture Project (PPAP) and the Rural Communications Project (RCP) both of which aim to improve the livelihoods of remote rural communities.
PPAP will assist farmers in adopting improved farming practices, facilitate relationships between smallholder farmers and agribusiness and provide critical infrastructure for market access.
The project will focus on areas dependent on cocoa and coffee productions including East New Britain, Autonomous Region of Bougainville, Madang, East and West Sepik, Morobe, Eastern Highlands,
RCP will provide access to telecommunications in Simbu and
It is expected that more women and youth will benefit from improved access to communications, including for income-generating opportunities.
More coffee being airfreighted in Papua New Guinea
| Coffee farmers from Owena in the remote Obura-Wonenera district of Eastern Highlands province loading parchment coffee bags onto a Missionary Aviation Fellowship (MAF) plane to take to Aiyura |
| Parchment coffee bags being unloaded from an MAF plane at Aiyura airstrip, owned and operated by the Summer Institute of Linguistics (SIL) |
InterOil signs JVOA with Mitsui
INTEROIL Corporation announced on Wednesday, August 4, that a Joint Venture Operating Agreement ("JVOA") for the Company's proposed Condensate Stripping Plant ("CSP") has been finalised with Mitsui & Co., Ltd. ("Mitsui").
The JVOA sets out the rights and obligations of the participants of the joint venture to develop a CSP at InterOil's Elk and Antelope field site in
The JVOA replaces the preliminary joint venture works agreement announced in April 2010.
InterOil and Mitsui also executed an Option Deed. After reaching final investment decision on the CSP, Mitsui has options to acquire interests of up to a 5% in the Elk and Antelope fields and in the liquefied natural gas (LNG) Project on equal terms, yet to be determined, to those agreed with a future industry partner, as follows:
1. After mechanical completion of the CSP, Mitsui has a right to convert its contributed investment in the CSP into a 2.5% interest in the Elk and Antelope fields and the proposed LNG Plant.
2. Mitsui also has conditional rights under a separate call option to purchase an additional 2.5% interest in the Elk and Antelope fields and the proposed LNG Plant.
Certain regulatory approvals will be required from the
Joint Venture Operating Agreement
Under the JVOA, InterOil and Mitsui will each have a 50% ownership stake, before the State of Papua New Guinea's statutory right to acquire up to 22.5% in the CSP. An InterOil subsidiary is the operator under the joint venture. InterOil expects that the CSP will be designed to process approximately 400 million standard cubic feet per day (mmscf/day) of wellhead gas with an anticipated yield of approximately 9,000 barrels (bbls) of condensate per day. Dry gas may be reinjected into the reservoir for storage depending on the timing of the development of the proposed LNG Plant. The condensate is expected to be barged to the InterOil refinery inPort Moresby for processing and sale.
The wells and condensate transport from the CSP (located approximately 30 km southwest of the fields adjacent to the
Final Investment Decision by the JVOA partners is expected by the end of March 2011, following completion of engineering and design work, financing agreements and further regulatory approvals. The CSP facilities are projected to be operational no later than mid-2013. In the event that a positive Final Investment Decision is not reached or made, InterOil will be required to refund Mitsui's capital expenditure incurred within a specified period and the option and conversion deeds will be terminated.
Phil Mulacek, Chief Executive Officer of InterOil, commented: "Since April, front end engineering and design studies have been ongoing and we have now concluded certain definitive agreements with Mitsui for the CSP and Mitsui's right to acquire up to 5% in the Elk and Antelope fields and the proposed LNG project. We welcome Mitsui as our partner, and are very pleased with the progress made in the development of our CSP, which we expect will enable us to monetise our Elk and Antelope liquid resources. This is a key step in the monetisation of our natural gas resources through LNG."
Farewell Sir Brian
By ALISON ANIS in The National
TEARS flowed freely during the funeral service of the late Sir Brian Bell at the St Martin’s Anglican Church in
More than 1,000 people, including family members, friends, senior management and staff of the Brian Bell Group of Companies, dignitaries, heads of businesses, departmental heads and members of the diplomatic corps, who have been touched in one way or the other by the generosity of Sir Brian, flooded the church to bid him farewell.
Prime Minister Sir Michael Somare and Governor-General Sir Paulias Matane, opposition leader Sir Mekere Morauta, Mining Minister John Pundari and Abau MP Sir Puka Temu were also there to pay their respects.
Former prime ministers Paias Wingti and Sir Rabbie Namaliu also attended the funeral service.
Branch managers of the Brian Bell group from Kokopo, Mt Hagen, Lae and Goroka also attended the funeral service on behalf of their staff.
Most noticeable was the build-up of everyday people, men and women from the informal sector, outside the church grounds yesterday.
Some of these people wept openly when the casket containing the remains of Sir Brian was taken out for its journey to the 9-Mile cemetery for burial.
One could only wonder how the late veteran businessman might have touched the lives of these individuals.
The church was filled to capacity and extra tents were erected outside the church grounds to accommodate some of the staff members and beneficiaries of his many good deeds.
The funeral programme was broadcast live on Kundu 2 Television.
Well-wishers arrived at the church well before 9am to say goodbye.
A sudden hush overcame the group of well-wishers as the casket carrying Sir Brian’s body arrived at the church at 11am at the sound of police sirens.
Oro dancers from Northern welcomed the casket as they shouted “Oro, Oro, Oro”, to the late Sir Brian.
This was followed by the reflective sound of the bagpipes by the Correctional Services band that accompanied the casket into the church.
Most fitting was the farewell song by Marina Prior, daughter of Sir Brian’s friend, Grand Prior in dedication to him.
The ceremony lasted about two hours before the body was transferred for burial.
At around 3pm, Sir Brian, the man who touched countless lives through his generosity, humility, honesty, commitment and hard work was finally laid to rest next to his wife Jean Ann Bell at the 9-Mile cemetery.
Remembering the great Ian Downs – builder of the Highlands Highway
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| Ian Downs |
A
semi-trailer along the
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| Border of Simbu and Western Highlands provinces at Munde |
| Main street of Banz, Western Highlands province |
| Woman struggles along rundown Minj, Western Highlands province, which is a skeleton of its former self |
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| Roadside market near Yonki, Eastern Highlands |
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| Evangelical Bible Church property at Kassam, Eastern Highlands |




