2014 Report

K60b in taxes from PNG LNG Project

The PNG Extractive Industries Transparency Initiative (EITI) 2014 Report states that the 30 year lifespan of the PNG LNG Project will contribute K67 billion in taxes in addition to dividends from its equity in the Project.

The Government has 16.8 percent stake in the PNG LNG project, managed by Kumul Petroleum Holdings Limited (KPHL), of which 2.8 percent is managed by the Mineral Resource Development Company on behalf of the landowners.