The Inaugural Petroleum and Energy Summit began today in Port Moresby.
The summit was officially opened by Prime Minister, Peter O’Neill, in front of more than 300 current and potential investors.
The opening session included speeches by O’Neill, Minister for Petroleum and Energy, Nixon Duban.
Speakers from various major investors included Director Oil and Gas Division, Ministry of Economy, Trade and Industry (METI) Yuki Sadamitsu, Chief Fuel Transaction Officer & Senior Vice President Exceutive, JERA Co. Inc, Hiroki Sato, and Dr Fereidun Fesharaki of the FGE.
Following the speeches, panel’s discussions on PNG Energy Master Plan, PNG Projects status, and major petroleum and energy sector players, will take place.
The Summit will end on March 2 with a tour of the PNG LNG Plant site.