Tuesday, May 08, 2012

PNG is stable, O'Neill tells UN

AAP

Papua New Guinea Prime Minister Peter O'Neill has rejected claims by the United Nations his government threatens the independence of the judiciary and the rule of law.
In a statement directed at UN Human Rights High Commissioner Navi Pillay, Mr O'Neill said PNG was now secure from political instability.
Ms Pillay issued a warning from Geneva two weeks ago against laws passed by the O'Neill government since it took power on August 2, including the recently implemented Judicial Conduct Act, which gives parliament the power to suspend judges.
Mr O'Neill said he had directed an inter-departmental committee to formally assess the allegations to "ensure the UN Special Rapporteur is provided a brief to assist her [to] understand the PNG political context in which the actions of my government are taken", he said.

O'Neill...refutes UN claims

He said the inter-departmental committee will provide the government's response on any breaches or interferences that may have occurred against the UN's charter on the Basic Principles on the Independence of the Judiciary.
Ms Pillay also warned PNG risked sliding towards lawlessness after a reporter was threatened and another attacked in Port Moresby in recent months.
Mr O'Neill denied there was any move to stomp on free speech in PNG, and that a recent debate on press bias in parliament had more to with standards of reporting than gagging free speech.
"PNG continues to enjoy freedom of speech as provided under the constitution," he said.
"The recent debate by PNG government and parliament on free speech with regards to reporting by journalists addresses the substantive issue of factual and unbiased reporting rather than curtailing free speech."
In February, Mr O'Neill's chief of staff, Ben Micah, took out ads in the daily newspapers vowing those who spread "malicious and misleading" information would be "dealt with".
At a subsequent press conference, Mr O'Neill denied his government had any plans to gag free speech, while Mr Micah, in a rare interjection during O'Neill's usually tightly run press conferences, said the statement was aimed at people spreading false rumours of military coups.
"This is not a Stalinist regime," Mr Micah said at the time.
"We will be using normal government apparatus to monitor policy information."
Immediately after passing the Judicial Conduct Act into law in February, the government used it to suspend Chief Justice Sir Salamo Injia and Justice Nicholas Kerriwom, both of whom are sitting on new hearings into the government's legitimacy.
Chief Justice Sir Salamo is accused of interfering in the handling of the estate of the late Justice Timothy Hinchcliffe, and redirecting money owed to his deceased colleague's family into court coffers.
The court has put a permanent stay on his case.
The government also want him gone, having accused him of bias since last year's constitutional court case to decide who was the nation's PM.
The court - headed by Justice Sir Salamo - ruled 3 to 2 on December 12 in favour of dumped prime minister Sir Michael Somare, who lost office to Mr O'Neill in a surprise parliamentary vote on August 2.
That decision, and the majority of parliament's refusal to back away from the decision to install Mr O'Neill, culminated in a failed mutiny by

Department raps InterOil for not complying with laws

Department of Petroleum and Energy (DPE) yesterday (Monday) blunty accused InterOil of not complying with the Oil and Gas Act, The National reports. This follows last week’s announcement by Interoil that it had entered into a binding farm-in agreement with a Peru-based company, Pacific Rubiales Energy (PRE) for PRE to take a 10% net equity interest at an estimated cost of US$345 million in petroleum prospecting license (PPL) 237.
Department Secretary Rendle Rimua said yesterday (Monday) that this arrangement did not include any equity interest transfer in the Elk/Antelope fields which were also partly in PPL 237.
“The 10% stake only relates to the Tricerotops 2 well and associated exploration activities,” he said.
“The Department of Petroleum and Energy is very concerned that Interoil has released information publicly on the transfer of the equity interest without approval from the Minister for Petroleum and Energy (William Duma).
“The Department has also yet to receive any formal request from Interoil requesting the Minister to approve the transfer.
“We have also noted some oil companies releasing public statements on licence transfers and we remind the industry that no licence can be transferred until it is approved by the minister; hence Interoil or any other company involved in transfers and dealings must seek approval of the minister before releasing any information in relation to any equity interest transfers in their licences.
“The department is concerned that such practices are pre-empting the decision of the minister and could also be interpreted as undermining the laws of the country.
“While we encourage investment in the oil and gas sector, the department advises investors to respect the laws of the country.
“If investors do not respect our laws, we will not tolerate such attitude.
“The department has a due diligence process to review; compliance, contract terms and conditions, price and conditions (if any) to be set in any instrument to legitimise transfer of equity interest in a licence.
“In view of this, it is very important oil and gas companies do not release public statements until they receive approval from the Minister.
Rimua said last year the National Executive Council (NEC) rejected the Gulf LNG Project primarily because Liquid Niugini Gas Ltd (LNGL)/Interoil were deviating from the project concept that was agreed to between the state and LNGL/Interoil in the 2009 project agreement.
"Recently, Interoil came out public stating that front end engineering and design (FEED) was still in progress and the government had not rejected the Gulf LNG Project concept,” he said.
“This is factually misleading.
“The department is also amazed that LNGL/Interoil states that the Gulf LNG project has not been rejected even when the Minister for Petroleum and Energy publicly stated on various occasions that it was rejected by the NEC.”

POMSOX calm as Australian shares slump

By MALUM NALU
Port Moresby Stock Exchange (POMSOX) remained calm but cautious yesterday as Australian shares traded deep in the red, on track for their worst day in three months, on the back of disappointing US jobs growth and European election results.
POMSOX general manager Geoff Mason told The National that there were nine dual-listed stocks – on both Australian Stock Exchange (ASX) and POMSOX - and all were in the red on the day.


 Geoff Mason…calm but cautious


The nine dual-listed stocks are Cue Resources, Coppermoly, Newcrest Mining, Oil Search, Highlands Pacific, New Guinea Energy, Steamships Trading, Marengo Mining, and Kina Petroleum.
“However, it is Newcrest Mining and Oil Search which are showing the largest falls,” he said.
“The negative news around will impact POMSOX as we see Newcrest down 1.2% and Oil Search down 2.4% in Australian trading.
“Any trading on POMSOX will mirror these downward movements.”
Mason added: “We are treating this no differently than any other day.
“Whilst no one likes to see large falls in the markets, markets are an indication of how economies are faring and at the moment there is negative news around.
“On the positive side, when the markets settle down it can be a good time to buy quality shares at lower prices.
“When markets begin to strengthen it is the quality shares that rebound first. “
Mason said the Australian market had opened the week heavily down on the back of news out of America, Europe and Australia.
US job figures released Friday showed lower than expected job figures. This may indicate the US economy was stalling on the back of falling consumer spending.
The political changes in Greece and France put pressure on the Euro bailout. Any uncertainty of the bailout would put pressure back on European markets and any hope the Euro zone problem was nearing an end.
Data out of Australia yesterday indicated the Australian economy is weakening. Only the mining sector on the continued demand for Australian resources and retail on the back of continued price discounting, showed signs of strength. The Australian dollar was below 103 against the US$, which was its lowest level for a long time; and
The Australian government continues to push for a surplus budget which would see a large fall in Government spending. This would put downward pressure on the Australian economy.

Monday, May 07, 2012

Agriculture show biggest ever

By ALPHONSE BARIASI and pictures by JOSEPHINE YAGA of NARI


Banks, farm equipment suppliers, research organisations and farmers turned up in numbers to display their products and services at the biggest-ever Agriculture Innovations Show at Bubia outside Lae last Friday, The National reports.
Vegetable display by ROC Taiwan Technical Mission during the Agricultural Innovations Show in Lae last Friday

Hundreds of farmers, school children and policy makers mingled to observe, ask questions and buy fresh produce and other agricultural items at the seventh agriculture innovations show organised by the National Agriculture Research Institute.
A sawmill display during the Agricultural Innovations Show in Lae last Friday

School children attracted the attention of Morobe Governor, Luther Wenge, who said the very presence and interest displayed of the young generation was very encouraging.
AgMark exhibition at the Agricultural Innovations Show in Lae last Friday

Keynote speaker, Prof David Kavanamur commended NARI for releasing 27 technologies that had been adopted across the country, thereby contributing to improved livelihoods and incomes of rural people.
Anna Kawi of NARI explains a biological control for chromolaena weed to students during the Agricultural Innovations Show in Lae last Friday

Kavanamur is the director general of the Office of Higher Education and prior to that was team leader of the government’s Vision 2050.
Demonstrating the rope and washer pump technology by NARI during the Agricultural Innovations Show in Lae last Friday

He said that progress through agriculture development was essential if PNG was to realise Vision 2050 and become a wealthy, healthy and prosperous nation.
Dr Birte Komolong of NARI sharing information with VIPS, guests and farmers during the Agricultural Innovations Show in Lae last Friday

“Broad-based socio-economic growth can only be prospered through agriculture and hence the need for investment in innovative agriculture,” Kavanamur said.
Farm equipment and implements on display during the Agricultural Innovations Show in Lae last Friday by agri-businesses and suppliers

“Indeed innovative agriculture is the roadmap for achieving Vision 2050 to benefit all Papua New Guineans.”
Farmers displaying and selling floriculture products during the Agricultural Innovations Show in Lae last Friday

He said with the perceived national growth at 8%, bolstered by PNG LNG-related investments, the country faced the challenges of taking advantage of increased local food demand and at the same time an appreciating kina value which is both a plus and a minus.

Farmers learn about farm mechanisation during the Agricultural Innovations Show in Lae last Friday

Kavanamur acknowledged the annual budgetary support of the national government to NARI, however, pointed out that the levels of funding to the institution had declined.

Goroka farmers exhibiting and promoting honey bee and honey bee products during the Agricultural Innovations Show in Lae last Friday
Morobe Governor Luther Wenge and Office of Higher Education Director General Prof David Kavanamur launching the NARI Corporate Plan last Friday in Lae during the Agricultural Innovations Show


Morris Orumu of NARI explaining the importance of chemistry analysis in agriculture to students during the Agricultural Innovations Show in Lae last Friday
NARI scientists displaying technologies and information on their research during the Agricultural Innovations Show in Lae last Friday
Two future and potential farmers from Jiwaka  with the NARI Strategy and Results Framework (Corporate Plan) that was launched at NARI Bubia last Friday

Somare pulls out of election: daughter

AFP

Papua New Guinea's "Grand Chief" Michael Somare will not contest elections in June, his daughter said today, ending more than four decades at the centre of the developing nation's political life.


"Grand Chief" Michael Somare

Somare, 76, was expected to face off against his younger rival Peter O'Neill in a national poll seen as a crucial indicator of the future of the Pacific Island nation which is poised on the cusp of a massive resources boom.
"He isn't recontesting," his daughter and spokeswoman Betha Somare told AFP via telephone from Papua New Guinea.
"He's been in politics for 43 years, he's been elected every time, I don't think he has anything else to prove."
Betha Somare said the family supported his move out of politics which comes just days after Somare addressed a fundraiser for his National Alliance party at which he indicated he would contest the polls expected on June 23.
"Many of you are thinking, what's this old man, this damn old man, going to do next," he was quoted as saying on Friday.
"I will campaign strongly for the National Alliance to form a new government for PNG."
But in the speech he also hinted at a political retirement, saying: "After 44 years, as I leave the political stage, I am proud to see our constitution is intact and our country will prevail."
Somare's family have previously urged the veteran, who was PNG's first leader after independence, to step aside and in June 2011 announced he had resigned as prime minister due to ill health while hospitalised in Singapore.
But he recovered and returned to challenge O'Neill, who had been elected by lawmakers as prime minister in Somare's absence, and won the support of the judiciary who said he should be reinstated.
However O'Neill has the support of parliament and remains in power despite the impasse between the two men.
Betha Somare said her father was "very able" but would quit politics once a new leader of the National Alliance was chosen in coming weeks.
"As a family, we're also encouraging him not to stand," she said.
"I think that there are things that he can do outside of politics."
Impoverished PNG has been struggling to throw off its reputation as a politically dysfunctional and often lawless nation, and has a multi-billion investment led by US major ExxonMobil to develop a LNG project underway. – AFP

Today's buai pekpek (betelnut shit) in Port Moresby

More buai pekpek (betelnut shit) and other litter along Waigani Drive this morning.
The elections make me worried, because with every man and his dog so engrossed in politics, noone's going to think about keeping the place clean.
Meantime, Port Moresby continues to be the filthiest capital city in the world (tell me if I'm wrong)!




Potholes of Port Moresby

This is 'Lake Waigani' - a huge bomb crater right in the middle the road at Waigani this morning - when I went to drop off my daughter Moasing at Waigani Christian School

The shores of 'Lake Waigani' this morning. I honestly felt like I was a fisherman on the shores of Lake Galilee, but this is 2012, in Port Moresby!