PNG seeks greater share of oil and gas resources

6:41 am on 5 December 2018

Papua New Guinea wants a greater share of benefits from major oil and gas companies operating in the country.

Exxon Mobil PNG's LNG plant near Port Moresby

Exxon Mobil PNG's LNG plant near Port Moresby Photo: (C)2014 {Richard Dellman/AdvantagePNG}, all rights reserved

Prime Minister Peter O'Neill made the comments while opening the 15th PNG Mining and Petroleum Conference in Sydney on Monday.

The Post Courier reported Mr O'Neill saying that PNG needed a fairer share of the benefits from the development of such resources.

He said the resource sector also had the opportunity to deal with landowner concerns in remote communities.

The Prime Minister said the communities wanted to be included and must be part of decisions about investment and development.

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