Donald said the current Oil and Gas Act 1998 needed review and amendment because certain provisions of that law were not serving or protecting the interest of Papua New Guineans, especially the project area landowners.
For example, he said the current law does not provide for the landowners, host provincial governments and host local level governments to participate fully in the whole process from start to finish, involving consultation, negotiation to agreement, as key stakeholders – let alone their mere 2 percent stake in equity when it comes to benefits distribution.
