Exxon-Mobil

Resource projects stealing PNGs self-reliance

On 11 Apr, 2011 By rait man

BY WARREN DUTTON*

I AM DESPERATELY afraid that our Liquefied Natutral Gas Project could turn out to be the sickest joke that the world has as yet played on PNG.

We must turn the undoubted revenue that will flow from the LNG Project into real wealth that will genuinely benefit all our people and especially our rural majority.

Central Bank governor sounds warning on trust funds and LNG impacts

On 06 Apr, 2011 By tok stret

The Central Bank governor has warned the government that its opaque management of trust funds could seriously undermine Papua New Guinea's economic future.

In his latest bi-annual statement [attached below] the governor, Loi Bakani, says the government has already reneged on a promise to open all new trust accounts at the Central Bank, and K103 million from the K592 million announced in the 2010 Supplementary Budget has not been deposited with the Bank.

The future looks bleak if we do not learn from others failures

On 09 Mar, 2011 By rait man

By David Ephraim Cloudiuz

Lessons from Nigeria, a nation that best illustrates the contradictions of being a producer of crude oil but an importer of petrol and diesel; when commercial extractions of crude oil began in Nigeria in 1958, the nation was producing 4,000 barrels per day. This climbed to over 2.2 million daily, Apart from fueling climate change; crude oil exploitation in Nigeria has fuelled corruption, poverty, disease and violence.

Human Rights report highlights Papua New Guinea's many problems

On 30 Jan, 2011 By rait man With 1 Comments

A new global report paints a gloomy picture of the many problems facing Papua New Guinea and the failure of our politicians to protect the rights and interests of ordinary citizens.

In its World Report 2011, Human Rights Watch documents how 2010 was another dismal year for PNG with corruption, police abuses, and violence against women and girls all dominating the news headlines.

Three stories in one day point to calamitous year ahead for Exxon's LNG

On 03 Jan, 2011 By rait man

Three media stories published on New Years Eve foretell what could be a calamitous year ahead for the giant Exxon-Mobil Liquified Natural Gas (LNG) project in Papua New Guinea.

The LNG project has already faced countless delay's and shutdowns caused by landowner disputes, poor working conditions, deaths and allegations of corruption.

Oil and gas projects not delivering for Highlands people

On 03 Jan, 2011 By rait man

Massive oil and liquified natural gas (LNG) projects in the Highlands region of Papua New Guinea have not yet delivered any meaningful assistance to the people of the region, says Peter Korugl, and worse, have promoted greed and corruption while making the people mere spectators on their own land.

By Peter Korugl

Thorough study needed on impacts of LNG

On 16 Dec, 2010 By rait man With 2 Comments

By Prof Jason Nakandaul Herra

PNG is ill-prepared for the impact of liquefied natural gas (LNG).

So far, we have watched the progress from gas agreement in May 2008 to financial closure on March 11 with little more than fascination.

LNG - Blessing or a Curse for Papua New Guinea?

On 09 Dec, 2010 By rait man

Back in April two articles were written on the ACT NOW! blog about a Pastoral Letter from the Catholic Bishops' Conference which asked the question: Will Papua New Guinea's liquified natural gas projects be a blessing or a curse?

Below (thanks to our friends at LNG Watch) is the full text of that letter. It should be essential reading for anyone concerned about the future of PNG and should, perhaps, have been tabled for discussion during this weeks PNG mining talk fest in Sydney...

Exxon Mobil riches may not benefit PNG

On 26 Oct, 2010 By rait man

By NORIMITSU ONISHI, New York Times

A founding myth in the Southern Highlands of Papua New Guinea is said to have foretold the arrival of Exxon-Mobil, the American oil giant that is preparing to extract natural gas here and ship it overseas.

ACTION ALERT: Email the Prime Minister and register your protest

On 01 Jun, 2010 By rait man With 3 Comments

Last Friday, May 28th, was an extraordinary day in PNG's history as the government rushed through amendments to the Environment Act . These amendments:

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By NORIMITSU ONISHI, New York Times

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