Tuesday, August 09, 2011

Manwau is happy

MEMBER for Wewak Moses Manwau has denied reports he had protested against the recent cabinet appointments because he was not included in the list, The National reports.
He said a newspaper headline portrayed him negatively even though he was not at Government House during the swearing-in ceremony of the ministers.
"I really felt bad be­cause I talk about issue concerning PNG and uni­ting the country and not about individual interests.
"What I said was that it was the prerogative of the prime minister to appointment a minister in East Sepik for a fair representation, knowing very well that I was out of it because I was not informed."
He said the member for Wosera-Gawi Ronald Asik and member for Telefomin Peter Iwei were at the Government House and complained publicly there.
"I only said what I felt when asked to comment, and not crying over the ministerial positions as portrayed in the newspaper," he said.

Anti-graft group reminds public servants of responsibilities

THE Community Coalition Against Corruption has called on public servants to continue to serve the people despite the recent political changes, The National reports.
Members of the CCAC told reporters that public servants should not get involved in the recent political games but to be focused on serving the people.
"CCAC is calling for public servants' loyalty to the people and the country, including the police and the military.
"Do not listen to politicians but respect your country and people," CCAC members said.
CCAC also called on the media to report responsibly during times like this.
CCAC board member and chairman of the independent media committee John ToGuata said the media should not sensationalise issues and create disharmony among citizens.
He said the media must inform the people accurately and responsibly.
Retired priest and member of the CCAC board John Flenn said negative reporting could stir up problems and anarchy for the country.
He said poor reporting by the media could inflate violence and lawlessness.
Meanwhile PNG Trade Union Congress president Michael Malabag also called on public servants to be committed and loyal to their country and continue to serve the people.

Abal warns of abuse of public funds

MEMBER for Wabag Sam Abal has cautioned about the use of public funds by the new government pen­ding a court decision on the legality of the parliamentary elec­tion pro­cess, The National reports.
"I, as a leader, do not want to see people rushing across and it will be sad to see plundering of resources for the people of Papua New Guinea," Abal said.
He said a surplus of K600 million, which was announced in the mid-year economic and fiscal out­look report, was en­tirely a result of increased reve­nue projections dri­ven largely by higher personal income tax collections than expected, higher commodity prices and higher mineral re­venue.
No overspending and underspending are pro­jected at this time.
Former treasury and finance minister Patrick Pruaitch said a supplementary budget was likely to be announced later this year.
Pruaitch said the projected additional revenue was expected to be allocated to high government priority expenditures in the key areas of health, education, infrastructure and law and justice as well as obligations such as the PNG LNG-related commitments and next year's general election preparations.
There were public concerns that the anticipated revenue of K606.8 mil­lion could be used for other purposes rather than the key areas prompting Abal to make the appeal.

Polye is NA leader

By JAMES APA GUMUNO

THE National Alliance party's de­puty highlands parliamentary leader Don Polye has been elected as the party's new parliamentary leader repla­cing Sir Michael So­mare, The National reports.
The Kandep MP, who is the finance and treasury minister, was elected by less than half of the party's 42 members du­ring the NA caucus meeting in Minj, Jiwaka region, yesterday.
The parliamentary wing that attended the caucus meeting passed a resolution to appoint Polye but this did not go down well with Madang regional MP Sir Arnold Amet, who claimed to represent the Momase region.
Sir Arnold said there was no vacancy and that the party must follow due process.
He said if the NA believed in party principles, then, it must not violate the party's constitution for the sake of con­venience.
East New Britain Governor Leo Dion countered that as per the party's constitution, they were there to elect a new parliamentary leader.
Sir Michael's term as leader expired this year and he gave instructions last February to begin the process of appointing a new leader.
Dion, who claimed to speak on behalf of the New Guinea Islands region, said they could not keep their people and party supporters in suspense.
He said he fully supported the resolution passed by the parliamentary wing to elect Polye as the new parliamentary leader.
Polye said there was no time left, the general election was nine months away and they needed a leader to take the party into the election.
He told party execu­tives and members that the NA parliamen­tary wing was already split.
He said this was because of the actions of two or three members in the ousted NA-led go­vernment.
Polye said the party, which was built on good values and principles, had been destroyed.
He said the NA was an institution and they needed to protect it from being destroyed by a small group of MPs in the party.
He said because of bad governance, he tried to stem what he described as "the flood but it was so huge" that led others to the opposition to form the new government in order to uphold the good principles and values of the party.
Polye said it was not a bad move and they were rewarded with nine mi­nisterial portfolios.
Of the 42 NA members in parliament, 19 MPs from both sides of parliament attended the meeting.
They included Lucas Dekena, James Gau, Buka Malai, Leo Dion, Sai Besio, Mark Mai­pa­kai, Peter Titus, Andrew Mald, Yawa Silupa, Mi­chael Sape, Mathew Poia, David Arore and Polye.
Four MPs from the opposition present were James Marape, Benjamin Mul, Sir Arnold Amet and Sani Rambi.
Sam Abal, Patrick Pruaitch, Arthur Somare, Ano Pala and Jeffery Nape did not attend.

Confirmed cabinet ministries

Peter O'Neill – Prime Minister
Belden Namah – Deputy Prime Minister; Forestry and Climate Change
Don Polye – Treasury and Finance
Sam Basil – National Planning
Bart Philemon – Public Service
William Duma – Petroleum and Energy
Ken Fairweather – Housing and Urban Development
Moses Maladina – Implementation and Rural Development
Charles Abel – Trade, Commerce and Industry
David Arore – Higher Education, Re­search, Science and Technology
Dr Allan Marat – Attorney-General and Justice
John Boito – Internal Security
Guma Wau – Defence
Sai Sailon Beseo – Correctional Ser­vices
Job Pomat – Fisheries
Ano Pala – Foreign Affairs and Immigration
Sir Mekere Morauta – Public Enterpri­ses
Theo Zurenuoc – Education
Sir Puka Temu – Agriculture and Livestock
Thompson Harokaqveh – Environ­ment and Conservation
Sali Subam – Sports
Martin Aini – Labour and Industrial Relations
Byron Chan – Mining
Jim Miringtoro – Communication and Information Technology
Steven Kama Pirika – Bougainville Affairs
Andrew Mald – Community Deve­lop­ment; Religion and Family Affairs
Mark Maipakai – Inter-Government Relations and District Development
Francis Awesa – Transport and Works
Puri Ruing –  Civil Aviation
Lucas Dekena – Lands and Physical Planning
Jamie Maxtone-Graham – Health
Benjamin Philip – Tourism, Arts and Culture
Wake Goi – Assisting the Prime Minis­ter on Constitutional Matters

Monday, August 08, 2011

InterOil and Noble sign heads of agreement for LNG sale

InterOil Corporation and Pacific LNG Operations Ltd, joint developers of Gulf LNG in Papua New Guinea's Gulf of Papua have announced the signing of a heads of agreement (HOA) with Noble Clean Fuels Ltd , a wholly-owned subsidiary of Noble Group Ltd, for the supply of one million tonnes per annum (mtpa) of liquefied natural gas (LNG).

The HOA sets out the basis upon which the parties intend to conclude terms for the purchase and sale of one mtpa of LNG, for a period of 10 years commencing in 2014, to be supplied by the proposed Gulf LNG project in PNG.

The parties to the HOA intend to complete negotiations and execute binding agreements later this year.

A   Singapore stock exchange listed company, Noble Group is a market leader and manages a global supply chain of agricultural and energy products, metals and minerals.

Noble operates from over 120 offices in 40 countries, with over 11,000 employees from 80 nationalities and manages a diversified portfolio of essential raw materials, integrating sourcing, marketing, processing, financing and transportation.

Noble owns and manages an array of strategic assets, sourcing from low cost producers such as Brazil, Argentina, Australia and Indonesia and supplying to high growth demand markets including China, India and the Middle East.

At present, Noble has interests in grain crushing facilities, coal and iron ore mines, fuel terminals and storage facilities, sugar and ethanol plants, ports, vessels and other key infrastructure.

The Gulf LNG project comprises the Elk and Antelope gas fields and Liquid Niugini Gas Ltd., the InterOil and Pacific LNG joint-venture project company, with modular LNG plants contracted with Energy World Corp Ltd and a fixed floating LNG facility being developed with Flex LNG Ltd and Samsung Heavy Industries Co Ltd.

 InterOil's chairman and CEO Phil Mulacek said: "We are pleased to have executed our first HOA for LNG off-take from our Gulf LNG project in Papua New Guinea. "InterOil is proud to work with the Noble Group, which has a proven track record of providing long-term fuel supply to major utilities across Japan, Korea, China, and Asia as a whole."

Liquid Niugini Gas vice-president for LNG marketing, Conrad Kerr said: "Noble is a good fit for the InterOil strategy of mid-scale and modular production, and LNG supply is a natural expansion of the Noble Group's historical relationships in long-term coal supply for power generation."

Sir Rabbie Namaliu to advise InterOil's Gulf LNG project

Former Papua New Guinea Prime Minister Sir Rabbie Namaliu has accepted InterOil Corporation's invitation to chair its PNG advisory board.

Accepting the invitation, Sir Rabbie said: "I am pleased to chair InterOil's PNG advisory board, and look forward to working to bring the Gulf LNG project to fruition.

"The Gulf LNG project may be the most-significant source of revenue to the PNG Government over the next 30 years.

"It will bring jobs and infrastructure to one of our least-developed provinces and generate benefits to all the people of Papua New Guinea for many years."

 Welcoming Sir Rabbie's acceptance, InterOil's CEO Phil Mulacek said Sir Rabbie had been an inspiration and a dedicated servant to PNG for his entire career.

 "We welcome him to our team and appreciate his support for our Gulf LNG project," Mulacek said.            

 Sir Rabbie served as PNG prime minister between 1988 and 1992. He was Speaker of the National Parliament between 1994 and 1997.

 He was also Minister for Foreign Affairs and Trade from 1982 to 1984 and other senior ministries he has held include Primary Industry and Petroleum and Energy since his first election to parliament in 1982.

 Most recently, Sir Rabbie served as Foreign Affairs & Immigration Minister from 2002 to 2006 and as Minister for the Treasury from 2006 to 2007. Sir Rabbie left Parliament in 2007.

 Sir Rabbie holds a Bachelor of Arts degree from University of PNG and a Master of Arts degree from the University of Victoria, British Columbia, Canada and an Honorary Doctor of Laws from the same university.

 The InterOil PNG advisory board is a management group being formed to assist InterOil in discussions with government departments in developing the Gulf LNG project.