Puma Energy PNG Group of Companies

Pending approvals delay forex

In a statement released this afternoon, Puma stated, “For several months we have been working closely with various stakeholders to ensure sustainable flows of foreign currency, which is critical to buying fuel on the international market.

“Unfortunately, due to pending approvals of our FX by the relevant authority, we are unable to continue maintaining the necessary supply of product to all our customers.”

However, Puma stated that they will continue to work hand-in-hand with the relevant authorities to ensure security of fuel supply for PNG.

Puma to continue support

This restriction was effective as of Wednesday 4th January, 2023; and affects Air Niugini and all other airlines operating throughout Papua New Guinea.