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Santos Managing Director and Chief Executive Officer Kevin Gallagher mentioned the contract with TotalEnergies marks a brand new LNG relationship for Santos, constructing on its existing three way partnership partnerships. Our portfolio is well-balanced over the short to medium time period, with around eighty % of volumes indexed to grease prices and about twenty p.c exposed to identify pricing,” Gallagher mentioned. “There continues to be extremely sturdy demand in Asia for high-heating-value LNG from tasks similar to Barossa and PNG LNG, as international locations focus on lowering their carbon emissions. Santos is dedicated to supporting the vitality safety of our valued prospects across Asia, the place gas will play a crucial function in decarbonisation efforts all through the area,” Gallagher added. The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a display celebrating the nation’s wealthy economic history and the fiftieth anniversary of Papua New Guinea’s currency. This event, held as part of the Bank’s fiftieth anniversary celebrations, coincides with the upcoming 50th anniversary of PNG’s independence in 2025.

“Events like this really present a connection and ensure the native supply chain will get the opportunities that exist on our project. The plant is being built at Puriton near Bridgwater in Somerset by the owners of Jaguar Land Rover. Hundreds of businesses have been finding out how they can work on the UK’s largest electric automobile battery manufacturing facility.

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“I was skeptical,” said Dr. Juan Piantino of Oregon Health & Science University, whose group reported the findings Monday. Japanese owner of convenience retailer giant says offer from Canadian rival ‘grossly undervalues’ agency. Officials say they are apprehensive the know-how could allow enemies to “remotely manipulate vehicles”. The strike is ready to considerably disrupt commerce, creating uncertainty forward of the US election.

The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to six September 2024 at the National Museum & Art Gallery in Port Moresby. The exhibition supplied an opportunity to discover the fascinating history of PNG foreign money and its distinctive place in the nation’s improvement. Displaying cultural richness and diversity, attendees have been reminded of the importance of foreign money as a reflection of PNG identification, values, and traditions.

The Minister also proposed a new co-location strategy for key agencies involved in tourism and cultural promotion, aiming to streamline operations and improve service supply. He underscored the need for regulatory frameworks to guard PNG’s cultural heritage, advocating for the patenting of local designs and merchandise to ensure they’re authentically represented. Namah stressed the significance of selling PNG’s tourism internationally and the necessity for elevated authorities investment within Business News the sector. “If we need to connect PNG, we should also prioritize tourism alongside agriculture, forestry, and fisheries,” he concluded. The Minister’s imaginative and prescient is to see this initiative increase across all 22 provinces, empowering native communities and enhancing the tourism panorama in Papua New Guinea. The middle aims to offer essential training, registration, and help for native artisans, tour operators, and other small stakeholders in the tourism business.