Sunday, May 03, 2015

PM O’Neill highlights the success of PNG LNG on anniversary

Prime Minister Peter O'Neill  has expressed his satisfaction at the ongoing success of the PNG LNG project on the anniversary of the beginning of LNG production in Papua New Guinea one year ago last week.
He said the PNG LNG project is testament to the strong working relationships between key stakeholders that saw the project delivered on budget and ahead of time.
"The PNG LNG Project has faced many challenges since its inception, but through determination and partnership the construction phase was completed and production began one year ago," O'Neill said.
"We congratulate our partners, particularly ExxonMobil PNG Limited, for their tireless support for this project, and landowners in affected areas for actively engaging in this process and reaching agreement.
"The production of LNG in Papua New Guinea is one of the most important developments in our history and the benefits will be felt for decades.
"During the production phase more than 10,000 Papua New Guineans were employed and they expanded their own skills and capacity.
"This project is also an example of the investment and business opportunity in Papua New Guinea today.
"A number of other substantial projects are being developed around the nation, and as I stated yesterday during my visit to the Antelope Wellhead 5, we offer the same commitment and better as we engage with our stakeholders."
The Prime Minister said that the first full year of production was an important milestone in the ongoing development of the nation.
"2015 is a defining year for Papua New Guinea as our country moves on from the problems of the past to a future that is bright.
"In our 40th year of independence we are seeing change and improvement in the delivery of services for our people.
"We are building new classrooms and more children are going to school, we are making healthcare truly universal, improving law and order and building the infrastructure we need for a stable economy.
"These key areas or economic activity have been made possible because of the approach our country now takes to economic management and business development.
"The PNG LNG project is a very important part of the Papua New Guinea business success story."

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