Prime Minister of Papua New Guinea, Rt. Hon. Peter O’Neill, CMG and key Ministries to attend 2nd PNG Petroleum & Energy Summit 2018

12 February 2018

Following the success of the PNG LNG development, continued project expansion and exploration in Papua New Guinea, the outlook for PNG’s energy sector is positive, with attractive investment opportunities arising in the oil, gas and power markets. As PNG develops its National Gas Commercialisation Strategy, the PNG government considers how it can advance its financial infrastructure to gain international investment and provide third party access regimes.

Set against this transitioning energy landscape, the 2nd Papua New Guinea Petroleum & Energy Summit 2018 takes place from 19-21 March 2018, and will be held under the patronage of the Prime Minister of Papua New Guinea, Rt. Hon. Peter O’Neill, CMG and endorsed by the Minister of Petroleum Hon. Dr Fabian Pok Mec Ph.D and Hon. Sam Basil, Minister of Communications, Information Technology & Energy.

“Following the tremendous success of the inaugural Summit which took place in Papua New Guinea, I am delighted to confirm my support for the second edition, which will be held under the official patronage of the Ministry of Petroleum and the Ministry of Communications, Information Technology and Energy. I urge all the companies involved in the Papua New Guinea energy sectors to be involved in the event, and new companies seeking opportunities to come and explore them at the Summit”, comments Rt. Hon. Peter O’Neill CMG, Prime Minister of Papua New Guinea.

The Summit brings together senior government officials from the Ministry of Petroleum and the Ministry of Communications, Information Technology & Energy, and all the major industry players working in PNG, to discuss current energy projects and the future strategies for expansion. Key industry players and sponsors attending include Kumul Petroleum Holdings Limited, Exxon Mobil and PNG LNG, LNG Japan Corporation and Sojitz, Total, Oil Search and MRDC.

Distinguished speakers include:

· Hon. Peter O’Neill CMG, Prime Minister, Papua New Guinea

· Hon. Charles Abel, Deputy Prime Minister & Treasurer, Papua New Guinea

· Hon. Dr Fabian Pok Mec Ph.D MP, Minister of Petroleum, Papua New Guinea

· Hon. Sam Basil MP, Minister of Communications, Information Technology & Energy, Papua New Guinea

· Masato Sasaki, Director, Oil & Gas Division, Ministry of Economy, Trade & Industry (METI), Japan

· Wapu Sonk, Managing Director, Kumul Petroleum Holdings Limited

· Andrew Barry, Managing Director, ExxonMobil PNG Limited

· Peter Botten, Managing Director, Oil Search

· Philippe Blanchard, Managing Director, Total E&P PNG

· Hiroki Sato, Senior Executive Vice President & Chief Fuel Transactions Officer, JERA

The Summit will look to address the current opportunities and projects in PNG’s petroleum and energy industry through a focused content programme taking place over two days. Attendees can expect the following topics to be discussed:

· Current energy outlook and plans for PNG’s petroleum and energy regulator

· Power sector: progress towards reliability, affordability & access

· Key operators: hear the latest information on existing and new projects

· New upstream exploration activities planned and underway in PNG

· Latest updates from the National Gas Commercialisation Strategy

For further information on session topics and latest speakers, view the summit programme here: https://www.pngsummit.com/brochure_download/