Tuesday, December 07, 2010
Ethnic groups take up arms
Papua New Guinea urged to speed up gas development or lose buyers
PAPUA New Guinea must accelerate development of its natural gas projects and lock in customers or risk losing out to other nations pushing coal seam and shale gas ventures, an oil and gas expert said, The National reports,
Independent researcher and the chairman of FACTS Global Energy, Dr Fereidun Fesharaki, gave the warning at the 11th PNG mining and petroleum investment conference in
The US$15billion PNG LNG project under development by ExxonMobil, and partners Santos, Oil Search Ltd and the PNG government is on track to deliver its first shipment of LNG in 2014.
Fesharaki said PNG must act quickly to secure Asian markets or face competition from the cheaper Qatari LNG currently being sold to the
“It is not possible to compete with Qatari LNG on economics … the only way to compete is to tie up the market.’’
Fesharaki said LNG production in
The Australian government has provided concessional loans of US$500 million to support development of the PNG LNG project, which is viewed as critical to the social and economic development of PNG.
Prime Minister Sir Michael Somare said in his opening address that Australian companies had already won contracts worth twice as much as the finance provided by the Australian government.
“My government is anticipating that LNG revenues will propel the economy to new heights and significantly improve our social indicators, which for too long have remained stagnant,’’ Sir Michael said.
PNG was expecting growth of 7.1% this year and 8% next year, he said.
But exporting gas from the remote
Autin said a 700km pipeline, including 450km of sub-sea pipeline, would be required to transport the gas to an LNG facility near
She explained that the pipeline must also traverse low lying topography, deep gorges and steep terrain that were subject to landslides and significant environmental areas, making it a complex undertaking.
An export terminal would operate 24 hours a day at the LNG processing site near
Sir Michael said the government would continue to focus on providing a stable political environment and transparent mining regime to encourage further development.
New petroleum firm to be set up, says Prime Minister
PRIME Minister Sir Michael Somare announced yesterday that a new national petroleum company will be established to manage the state’s interest in the oil and gas industry, The National reports.
He made the announcement at the 11th PNG Mining and Petroleum Investment conference at the Hilton Hotel in
Sir Michael did not give details of the new petroleum company but said his government would review, rationalise and reform the state’s mining and petroleum interest participation that would form the basis for the new petroleum company.
Treasurer Peter O’Neill later reaffirmed Sir Michael’s announcement at a press conference.
He said the government had undertaken the initiative to park the state’s interest in a single entity.
The announcement was among new initiatives that the government had undertaken to make PNG’s investment environment conducive for investors and tap into the revenues generated by the vast petroleum industry in the country.
Delivering his keynote address, Sir Michael told investors that his government had made the investment environment conducive by providing the necessary policy legislation for investors.
He said in early 2003, his government passed legislation to make investment in the country’s resources sector more attractive. In that year alone, spending of mineral exploration doubled in value to around K60 million well before the
“My government will ensure
“To do this, the government, with consultative input from the industry, will immediately pursue a key number of initiatives.
“The government will continue to provide a stable environment in the form of political and policy stability and remain committed to a petroleum and mining regime where rules are widely known, fair and transparent and understandable.
“The government will ensure licence holders do not sit on licences but fast track development on our resources and review, rationalise and reform the department of petroleum and energy.”
Sir Michael said part of the review would involve setting up a petroleum resources authority with similar roles and functions as the Mineral Resources Authority.
The prime minister said the policy reviews were in line with the government’s Vision 2050 and its development strategic plan.
He admitted that the economy looked gloomy before his government took office but things had changed over the past eight years, resulting in an unprecedented consistent economic growth.
He said under his government’s tenure, the most notable achievement was the delivery of the K45 billion PNG liquefied natural gas project.
He was optimistic that revenue from the LNG project would transform the nation’s economy and improve the living standards of its people.
“Revenues from LNG, as I have explained, will underwrite many of our social and economic programmes over the next three decades.”
The prime minister urged potential investors to make Papua
More colleges and varsities needed, says administrator
By ZACHERY PER
THERE is a great demand for tertiary education as more and more students pass out from the school system, a high school graduation ceremony outside Goroka, Eastern Highlands, was told last week, The National reports.
Acting
Gimisive was speaking at the graduation of
He also raised concern that while the number of students leaving high schools and secondary schools were increasing, there were not enough tertiary institutions to complement this increase.
He told students, teachers, parents and guardians and guests at the graduation ceremony last Tuesday that students had to work hard to secure placing in PNG’s tertiary institutions.
“We have more primary and secondary schools under the reformed system with more child enrolments, but the tertiary level is not expanding.
“My concern is that there are not enough spaces at the universities and colleges for large numbers of students passing out from secondary and national high schools every year,” Gimisive said.
He said spaces were limited and students in secondary and high schools were competing for these spaces.
Gimisive said students studying overseas and others attending private and church-run agency schools, and those from other
However, he encouraged the graduating students not to feel let down if they did not get a university or college placing.
He said there were other avenues for leavers to further their education.
Monday, December 06, 2010
Expert technical advisory panel to review the Watut River System
Following representations to the Hidden Valley Joint Venture by the Member of Parliament for Bulolo Mr Sam Basil who raised landowner community concerns, an expert technical advisory panel will review sediment and pollution issues affecting the
The panel will complement the existing regulatory processes and scrutiny of mining operations conducted by the PNG Government.
It will likely include international specialists with best practice experience relevant to the PNG natural environment
In recent discussions with Mr Basil it was agreed that terms of reference and membership of the expert technical advisory panel would be determined with a view to finalising details at a meeting in January.
Regulators will be key participants in this meeting and in ongoing discussions.
It is envisaged the expert technical advisory panel will be briefed on both historic and current studies and will visit the mine site.
The Joint Venture has provided Mr Basil with a briefing on the environmental management and monitoring of sediment run-off from the mine along with background information and a number of studies.
The Joint Venturers said that the expert technical advisory panel would be a vehicle for the constructive resolution of sediment related issues in a transparent and cooperative forum.
The meeting also discussed the establishment of multi stakeholder panels to consider the broader future development of
Background
The Hidden Valley Mine is operated by the Hidden Valley Mine Joint Venture (HVJV) a 50:50 Joint venture between Harmony Gold of South Africa and Newcrest Mining of
The Hidden Valley Mine is located near Wau and Bulolo in
It was officially opened in September 2010.
The Hidden Valley Mine has a workforce of more than 2,000 people: 95 per cent are PNG nationals and 50 per cent come from the local communities.
It is important to note that the Hidden Valley Mine has an engineered tailings storage facility and no mine processing residue, or tailings, is discharged into the river.
The mine related sediment in the river that has caused community concern was run-off from mine overburden and construction activities.
The mine transitioned from construction to operation in October this year.
Mine sediment run-off is now significantly lower due to mitigation measures.
These measures included ceasing of side casting of waste rock and overburden in September 2009, ongoing revegetation of exposed slopes and erosion control, and the storage of waste rock in engineered waste rock facilities.
Hidden Valley Mine has a demonstrated record of working with local communities.
The Hidden Valley Joint Venture has been making voluntary compensation payments to communities along the
A sustainable development program is bringing education support, agricultural skills, health programmes and community facilities such as sanitation and water supplies, school classrooms, community halls and aid posts.
These programs were developed in partnership with the local and provincial government and are aligned with their development programmes.
Media inquiries contact:
Hidden Valley Joint Venture
David Wissink
Ph: (675) 472 1703 ext 243
Fax: (675) 472 1705
Email: david.wissink@morobejv.com
Hon. Sam Basil, MP
Member of Parliament for Bulolo
Email: vipersco@yahoo.com.au
Facebook:
www.facebook.com/profile.php?id=698071613
The importance of research, science and technology
Milne Bay butterfly habitats unspoiled says British scientist
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| British entomologist and Pacific butterfly specialist John Tennent |
“Small dots on the map do not do the islands justice.
"The rugged islands of some of the Calvados Chain are stunning and there is a lot of healthy habitat out there which, because of the difficult terrain, has remained largely untouched,” he said.
“The data obtained during this research will be of critical value to researchers in other disciplines including biogeographers.
“The final results will include a comprehensive book on the 250 or so butterflies of Milne Bay Province islands.”
British High Commissioner to PNG, Jackie Barson, said the publishing of a book on Milne Bay’s butterflies would be an asset to the province and add to the growing data which confirms PNG as a mega biodiversity hotspot.
“I congratulate Mr Tennent on completing his research in the islands of Milne Bay.
“While this has undoubtedly been challenging, collaboration with other organizations such as Conservation International and the PNG Binatang Research Centre has helped make his work a lot easier,” she added.
Mr Tennent has been in Milne Bay Province since April 2010 carrying out a survey of the islands’ butterflies and has visited 76islands in the Province, and recorded butterflies on 74 of them.
He expects to spend most of his time in the coming year working on the specimens and the data collected during his time here, before returning to Milne Bay to tidy up loose ends early in 2012.
On many islands he has worked closely with the staff of Conservation International, an organisation for which he has nothing but praise.
He has also provided assistance in identifying butterflies to the PNG Binatang Research Centre in Madang.
