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Indonesia, our closest neighbour, has successfully navigated this path and is now a formidable participant on the global stage. He revealed that two Indonesian corporations have expressed curiosity in multi-billion kina rice and recycling tasks in PNG, with proposals beneath evaluate for approval by the National Executive Council . “This marks the beginning of a new era for PNG as we shift our trade and funding focus to Indonesia,” Minister Maru concluded. Santos has announced Business News the signing of a mid-term LNG supply contract with Glencore Singapore Pte Ltd . The contract entails supplying 19 LNG cargoes, or as a lot as approximately 0.5 million tonnes of LNG per annum over a interval of three years plus one quarter. The supply will come from Santos’ international portfolio of world-class LNG assets on a delivered ex-ship basis.
