HZN 2.50% 19.5¢ horizon oil limited

http://www.islandsbusiness.com/news/papua-new-guinea/4724/png-cab...

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    http://www.islandsbusiness.com/news/papua-new-guinea/4724/png-cabinet-reshuffle-decision-based-on-performanc/


    He said Duban has been specifically tasked to oversee the completion of major petroleum and gas projects such as the commissioning of the LNG processing facilities for train 1 and 2 of the PNG LNG project, development of train 3 and the Elk Antelope project in the Gulf Province headed by Total and other gas projects in the Western Province.

    He said Duban has been instructed to ensure that policy and regulatory issues, including clan vetting that have been pending in the oil and gas industry, are immediately addressed to the satisfaction of all stakeholders.

    He said while Duban was a first term MP, he has the necessary credentials to handle the challenging requirements of the Petroleum and Energy Ministry. O’Neill has also instructed all other ministers to develop short and medium term plans to implement all major policy initiatives of the Alotau Accord under various portfolios within the next three and a half years before the 2017 elections.

    He said their performance will be measured and monitored against set goals that they and the department/agencies are expected to deliver in the coming months.
 
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