Confidence in PNGs resource sector encouraged EMTV National News | Wednesday, 03 Dec 2014 By Leanne Jorari – EM TV, Sydney Despite the current downturn in world commodity prices, investors have been encouraged to continue keeping their confidence in Papua New Guinea’s resource sector. Recently, the 12-nation Organization of the Petroleum Exporting Countries, OPEC, sent oil prices plunging, deciding to keep daily supply output at 30 million barrels a day, despite a global surplus. Whilst this decision by OPEC has caused concern in the global community, PNG has been reassured that the drop in commodity prices will not heavily affect our industry....Read more & watch video footage at emtv.pg
Posted on: Wed, 03 Dec 2014 10:40:33 +0000