Single LNG shipment costs about K60m

The  value for each LNG shipment from the country’s PNG LNG Project costs US$50 million (K119.1 million) to US$60 (K143.9 million), National Petroleum Company PNG managing director Wapu Sonk said. So far, ExxonMobil PNG Ltd had shipped 12 LNG cargoes to sell on the spot market to customers in Asia. Sonk said “the shipments of…

New Zealand criticised by Pacific Island leaders

New Zealand needs to listen to Pacific Island leaders when it comes to climate change action, said the Green Party. Discontent with New Zealand and Australia is rife at the 2014 Pacific Islands Forum leaders’ summit which commenced today in Palau.  The Finance Minister of the Cook Islands stated that climate change and frustration at…

NZ says summit key for Pacific Plan review

New Zealand’s Foreign Affairs Minister says this year’s Pacific leaders’ summit is of particular significance as it will include high-level discussions over the future of the Pacific Plan. Murray McCully is in Palau for the 45th Pacific Islands Forum, which officially opens today in the capital Koror.  McCully says the Pacific Plan has a lot…

PACER Plus nearing conclusion, says chief trade adviser

“We are making good progress in the negotiations. Thus far, we have concluded negotiations on sanitary and phytosanitary measures, technical barriers to trade and customs procedures. We have also made good progress in the negotiations on trade in services and investment,” said Dr Kessie. “We are currently exploring possible landing zones on labour mobility and…

Pacific Forum Leaders bring major fisheries treaty into force — Next step implementation, says FFA

Four years ago they tasked the Forum Fisheries Agency with enhancing cooperation in fisheries surveillance and law enforcement against Illegal, Unreported and Unregulated (IUU) fishing.  Today, Pacific Forum leaders celebrated the entry into force of a one-stop multilateral text aimed at achieving that–the Niue Treaty Subsidiary Agreement, or NTSA.  Forum leaders witnessed the handover today…

Fiji still waiting for contact from SI to resolve airline dispute

The Fijian Government is still waiting for contact from the Solomon Island’s Government to resolve the airline dispute between the two countries so that the normal flight schedule can resume between Nadi and Honiara.   The Attorney-General and Minister for Civil Aviation, Aiyaz Sayed-Khaiyum, said that Fiji’s position has remained consistent and that responsibility for the…

Dr Colin joins WHO to end child obesity

Dr Colin Tukuitonga, Director-General of the Secretariat of the Pacific Community (SPC), is a member of a recently convened World Health Organization (WHO) Commission on Ending Childhood Obesity. According to WHO, 40 million children worldwide under the age of 5 were overweight or obese in 2012; this number could rise to 70 million in 2025…