LNG won't reduce poverty says Lowey Institute
Submitted by rait man on Tue, 14/09/2010 - 09:09The Australian based Lowey Institute says Papua New Guinea's massive new Liquified Natural Gas project1 and large mining investments will not reduce poverty unless there is a radical re-thinking of the government's approach.
The US$18 billion LNG project has been heavily hyped by the PNG government as providing a rich future for the country but the evidence presented by the Lowey Institute suggests otherwise.