PNGBLOGS

MEDIA RELEASE The chairman of PNG Sustainable Development Program Ltd, Sir Mekere Morauta, said today the company is willing to help provide debt finance to enable wellhead and facilities landowners buy equity in the PNG LNG Project. He said PNGSDP is happy to participate as the PNG-based member of a consortium of overseas financiers to provide a facility totaling K725 million (US$230 million) to allow the landowners to pay the State for their 4.27 per cent interest that was agreed under the Umbrella Benefit Sharing Agreement (UBSA) reached in 2009 between the Somare Government and the landowners. The wellhead and facilities landowners included in the equity holding cover groups within the PNG LNG project footprint from Western, Hela, Southern Highlands, Gulf and Central Provinces. PNGSDP was set up to hold shares in Ok Tedi Mining Ltd for the benefit of the people of Western Province and Papua New Guinea. Since the expropriation of its shares by the Government, it does not receive

by  M.V LASIA PNG has recently made the headlines across the globe for being in a financial debt crisis and struggling to pay its debts and expenses. It is no secret the O'Neill Government has had cash-flow crisis and only managing to keep its head above water. What little tax income it earns each month is being used to ensure public servants are paid every fortnight and any difference is directed to propping up its free education policy and partly pay for its inflated contracts. Meanwhile Peter O'Neill claims the country's financial crisis has been caused by dramatic fall in world commodity prices placing a strain on economies around the world. So is Peter O'Neill telling the truth? Short answer is No.  The PNG Government funds its operations, development projects and services its debt obligations through the collection of taxes and overseas grants (donor funding). Tax collection or revenue is categorized into three main parts. 1) Tax on Income and Profit

Reliable source in Singapore have confirmed to PNGBlogs that the PNG HIGH COMMISSION in Singapore was CLOSED as of TUESDAY 11th April 2017. The PNG HEAD OF MISSION and his staff have been kicked out of their office at 1 Marine Parade, Central #08-05, Singapore 449408. The reason being the PNG Government not being able to pay its bills and having sufficient funds to keep it's office operational. The High Commissioner is said to be operating out of his home in Singapore as of yesterday (12/04/17) but may soon find himself and his staff kicked out of their homes anytime from today onward if bills are not paid.  What will happen to repatriation of the whole staff etc? Can someone close to the PNG Foreign Affairs Minister Rimbink Pato get this message to him to substantiate if this information is true and respond to this matter asap please. This issue if true will soon be another international embarrassment for PNG Government.

I welcome you all and thank you profoundly for your donation of time and money to help me and other successful Independent MPs to join forces with like-minded political parties to form an honest government. None of the money will be used to fund my own campaign. Tonight’s gathering is not to raise millions of Kina, like other parties have done. Nor to entertain you with stars flown from Ireland or other continents. The tables and seats are priced at a level that working people and small businesses might afford. My intention tonight is to set an agenda for a national conversation. The time for whispering, for speculating, for telling stories, and for fear, is over. I ask every concerned Papua New Guinean to think and openly talk about our future. The character of Papua New Guinea has changed profoundly in the last 5 years. The Papua New Guinea that Michael Somare, Julius Chan, Paias Wingti, Rabbie Namaliu and I helped shape h

PRESS RELEASE Former Prime Minister Sir Mekere Morauta today suggested the development of a national agenda for discussing Papua New Guinea’s problems, and for finding solutions. “ The time for whispering, for speculating, for telling stories, and for fear, is over ,” he said in a speech to more than 500 guests at an Independent Team dinner in Port Moresby tonight. “ My intention tonight is to set an agenda for a national conversation. I ask every concerned Papua New Guinean to think and openly talk about our future.” The audience, of like-minded people who want to form an honest and effective government after the election, came from a broad spectrum of PNG society. It included members of the business community, academics, representatives of non-government organisations, Members of Parliament, intending independent candidates and many ordinary citizens. The Independent Team is a voice for reform, reconstruction and development of Papua New Guinea, and aims to discuss subst

by PAUL FLANAGAN 2017 baset bilong PNG i bin wanpela ki taim bilong gavman lo soim kredibiliti bilong em long we em i bin manesim ekonomi bipo long ileksons neks yia 2017. Em i fail long soim dispela kredibiliti bilong em. Ol faul gem wantaim ol namba na ol giaman ges i bagarapim turu stron bilong dispela baset (ol ditel eksampol bilong revenu na expendisa i stap tamblo). Dispela pilai wantaim ol namba i stap klostu tru long mak bilong frod – em mas bilong halivim gavaman lo sait bilong politiks o long hamamasim ol investa. Wanpela bikpela wina long dispela baset em ol ovasis petrolum seholdas husait i bai kisim kat long kampani teks ret long mak bilong 45% (long niupla fil) or mak bilong 50% (long lapun fil) i go daun long 30%. Dispela bai i hamamasim Oil Search na ol narapela husait bai i benifit long niupla posibol Papua LNG Projek – but ating ol i kisim lowa ret long kondenset pinis i stap. Teks rate blo petrolum sekta long PNG istap bilo weld stended pinis

by MICHAEL J PASSINGAN PNGBLOGS have been provided with a video and still shots of Peter O’Neill’s Treasury Secretary Mr. Dairi Vele and controversial Chinese mistress Dora Liu a known prostitute to several PNG Ministers and government department heads. This goes to prove the allegations previously raised by PNGBlogs that Dora Liu is in fact an agent of the Chinese government and her role is to oversee all contracts that are tied with Chinese Loans be directed at companies that are Chinese and PNG will have to pay for the serving of these loans with their future generations. Dairi Vale’s now engagement with Dora Lu will cause some firestorm up there with his current girlfriend and Prime Minister’s lawyer TIFFANY TWIVEY. Twivey who came to Vele’s aid after he was issued an arrest warrant has been evading justice thanks numerous court orders taken by Tiffany Twivey. Court officials at the National and Supreme Court in Waigani have been told to delay any proceedings that in

by YAKAN LEPAKALI Even if you are one man standing up in the voting ward, stand up tall. This country needs only few fearless patriots to take back the country from criminals, politicians and foreigners alike in the disguise of good family wo/men, religious Christians, pastors, business wo/men and corporate citizens. This request is made specifically to two significant groups whose input will determine the outcome of the election. Their contributions will be only 20% of their effort and resources but will have 80% impact.  The two groups are: 1.) The genuine intending candidates and their supports 2.) Security Personnel deployed in the electioneering period The election is won in Electoral Commission office HQ in Hohola, Port Moresby first, approved by Wabag Electoral Office aka Election Manager and Provincial Returning Officer. So this is what you intending candidates, supporters of rival candidates, and patriots: •       Get a print out of the last three general elections, and