17th Papua New Guinea Resources and Energy Investment Conference and Exhibition

Speaking during the announcement of their support of the 17th Papua New Guinea Resources and Energy Investment Conference and Exhibition, Santos Country Chair (PNG), Leon Buskens, said: “With Santos’ commitment to PNG, we are evaluating the option to have a Floating Storage and Offtake (FSO) solution to replace the aging Kumul Marine terminal, which has been there since the late 90’s to export the highlands liquids.

“This would be the first FSO in the country.”

The event will be held on December 10th-13th 2023 at the Sydney International Convention Centre.

As a Principal Premium Sponsor, Santos is set to make major announcements within the energy space at the industry’s main event.

Santos Country Chair (PNG), Leon Buskens, said Papua New Guinea is now being recognised as a resource and energy hub in the Asia Pacific region, thanks in part to the PNG Chamber of Resources & Energy, and its relentless effort in promoting PNG as an attractive investment destination.

The conference will be held on 10-13 December 2023 at the Sydney International Convention Centre under the theme ‘PNG Resources and Energy: Promoting Sustainable Investment’.

Newmont Corporation formally closed its acquisition of Newcrest Mining Limited, owner of the giant Lihir Gold Mine and 50 percent owner of the Wafi-Golpu copper-gold development project, earlier this month, and recently announced that it will be backing the Conference in the top sponsorship category as a Premium Principal Sponsor.