PNG partnerships
MINING and petroleum is the backbone of Papua New guinea’s economy, and Australian-owned or partly owned operations contribute to the development of the nation’s human resource, economy, infrastructure, while improving the livelihoods and living standards of thousands of communities. At the annual Australia Papua New Guinea Business Forum and Trade Expo in Port Moresby in mid-June,, PNG Chamber of Mines and Petroleum president Garea Aopi said the industry contributes 26pc of PNG’s GDP and 80pc of the nation’s export revenue. “The sector also provides more than 20,000 jobs to Papua New Guineans, whilst 30,000 more are employed in landowner businesses, and other PNG businesses that support the industry,” Mr Aopi said. “We also deliver strong and sustainable growth in areas…