Inaugural PNG Energy Summit Gets Underway In Port Moresby

Summit hears that Japan will remain biggest purchaser of liquified natural gas

PORT MORESBY, Papua New Guinea (PNG Post-Courier, Feb. 28, 2017) – The 2017 Petroleum & Energy summit kicked off this morning at the Stanley Hotel in Port Moresby.

The inaugural Papua New Guinea Petroleum & Energy Summit is the only strategic event endorsed by the Ministry of Petroleum & Energy and fully backed by the Government of Papua New Guinea.

The Summit will provide the perfect opportunity to meet all the stakeholders involved in the PNG energy market and a platform for debate and discussion relating to ongoing projects, opportunities and the future development of hydrocarbon resources.

Hear about the expansion strategy for the country’s energy sector including current and future LNG projects, plans for unconventional resources development as well as growth of the power and downstream sectors.

[PIR editor's note: On March 1, 2017 The National reported that 'Japan will continue to remain the biggest buyer of liquefied natural gas (LNG) in the Asia-Pacific Region, Dr Yuki Sadamitsu says. ... Sadamitsu, the director for Oil and Gas Division at the Ministry of Economy, Trade and Industry in Japan, said that during the inaugural PNG Petroleum and Energy Summit in Port Moresby yesterday. ... His message to PNG was clear – that it could become an important energy supplier in the Asia-Pacific Region as the demand would double in just over 10 years.']

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