POLITICAL STABILITY VS PNG LNG REVENUES:
by LUCAS KIAP IS PETER O’NEILL GOING TO DO BETTER THAN SIR MICHAEL SOMARE? Ten (10) years political stability under NA party and SIR MICHAEL SOMARE has resulted in the disappearance of billions of kina (from high commodity and mineral prices) without traces. Will political stability under PNC party and PETER O’NEILL look after the PNG LNG revenues well? Prime Minister of Papua New Guinea Peter O’Neill and his PNC party are becoming more powerful than ever in the political history of this small country as more and more MPs from other political are abandoning their parties to join the ruling party and others are lining themselves up for the PM to marry them into his ruling PNC party. Any possible chances of a successful vote of no confidence against the PM are now seem unlikely, at least for now. The movement of MPs from other political parties into the major ruling party is not happening for the first time in the history of this country. When the government of Sir Michael an