The National Petroleum Company of PNG

NPCP Pays K86.4million dividend to the State through IPBC

 NPCP Managing Director Wapu Sonk while presenting dividend cheque said NPCP was proud to deliver another substantial dividend to the State through IPBC as a half yearly dividend.

“Despite the decline in oil price, NPCP was able to deliver results because we have a very small operational exposure as a new company unlike other oil and gas companies.

“Also as a State owned National Oil and Gas Company, we are proud to deliver a record K86.4m on top of K415million paid last year.