Miners, oil and gas the drawcards

WHAT to do if you want everyone to stay until the graveyard shift at a business conference?

Miners, oil and gas the drawcards From left are Craig Jones, Andrew Barry, Mel Togolo and Albert Mellam

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Keep the best until last, and this must have been the philosophy employed by the organisers of the 34th Australia Papua New Guinea Business Forum and Trade Expo held on Tuesday and Wednesday this week.
 
Stories that everyone wanted to hear - from ExxonMobil, Nautilus, PNG Chamber of Mines and Newcrest - were kept for the final session.
 
And this 3.10pm extractive session was one of the best attended, only beaten by the opening keynote remarks from Prime Minister Peter O'Neill.
 
Exxon's Andrew Barry focused on some of the remarkable milestones the PNG LNG project had achieved and touched on what the company was hoping to achieve in the future - and concluded with some moving words on the February 26 earthquake in Southern Highlands and Hela.
 
In one of his first appearances as head of the Chamber of Mines, Dr Albert Mellam spelled out the good and bad points of what could become PNG's new MRA Act (Mineral Resource Authority). Mellam took on the role a year ago from respected Greg Anderson, who was in the position for 29 years.
 
Battling Nautilus Minerals was represented by the indefatigable Mel Togolo, who has been spreading the word of Solwara 1 for the past 16 years or so.
 
Wafi Golpu executive general manager Craig Jones focused on what the development of this relatively deep, but rich, gold mine would mean to Papua New Guinea in social terms, stressing that the legal and fiscal parameters would have to be of a nature conducive to the kind of capital that needed to be laid out.
 
But the overall theme of the event, held at the Royal International Convention Centre, Brisbane, from 30 April to 2 May was ‘APEC 2018: achievements and opportunities'.
 
Several speakers addressed issues relating to APEC, and while APEC may have been the theme, a substantial emphasis was laid on the importance PNG needed to attach to developing other areas of the economy, such as agriculture and tourism.
 
• More coverage of the event will be published in coming newsletter editions of PNGIndustryNews.net and in the July/August edition of PNG Report.

 

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