KPHL Managing Director

KPHL and LNG Japan sign joint venture agreement

The agreement will enable KPHL to enter the active LNG market and trade LNG cargoes in to LNG market spots.

KPHL Managing Director, Wapu Sonk, and LNG Japan Limited President and CEO, Norikazu Onishi, both signed the agreement today in Port Moresby, in a separate ceremony from the Inaugural Petroleum and Energy Summit.

Sonk said the agreement allows both companies to begin work on a joint venture partnership and take advantage of spot markets.

KPHL becomes Gold sponsor for 7th PNG Games

The Games will be held from March 18 to April 1 and will bring together 21 provincial teams and 12,000 athletes and officials.

KPHL Managing Director, Wapu Sonk announced KPHL Boards endorsement of the Gold Sponsor package of K500, 000.

Sonk stated that as Papua New Guineas national Oil and Gas Company, its vision is to create value and opportunity for Papua New Guineans and this Gold sponsorship gesture is a demonstration of the company’s vision.