Resource ownership

Sir Julius advocates resource ownership

Despite it being a national holiday, Sir J dedicated four hours on Friday, June 16th, to reinforce his thoughts on these matters and shed light on several private member's bills that will soon be presented to parliament.

Accompanying Sir Julius Chan were Deputy Chairman of the New Ireland Autonomy Committee, Byron Chan; former Ambassador and former People's Progress Party President, Sumasy Singin, consultant legislative counsel, Kalu Yomilewa; and legal advisor, Dr. John Kwimb.

NEC to discuss resource ownership: O’Neill

Last month, Rio Tinto Group gave away its 17.4 percent stake of the Bougainville Copper Ltd to the Papua New Guinea Government, which caused disagreements with the Autonomous Bougainville Government.

Also, the PNG Government owns 33.33 percent share in the Ok Tedi mine project in Western Province.  

“We will be making a decision next week. I will be making a major statement after that (proposal) has been deliberated by the NEC,” O’Neill said.  

“But it will not only relate to Bougainville shares but also to LNG shares and Western Province Ok Tedi shares.