PM declares PNG open for more foreign rape and pillage

petroleum-and-energy-summit

+ Prime Minister Peter O’Neill is far more worried about the profits for foreign resource extractors than he is about the plight of rural people

+ Foreign resource companies don’t “invest in PNG” and hope to get rich as PNG gets richer, they invest in big holes in the ground and get rich by selling what they take out – understanding the difference is crucial to understanding why they get rich and we don’t

+ Our Prime Minister and his cronies are happy to do what the foreign neo-colonialists want because they are all in business with them, our politicians are all businessmen getting rich from our suffering… 

PNG PM assures investors on country’s economy

Freddy Mou | Loop PNG | February 28, 2017

PAPUA New Guinea Prime Minister Peter O’Neill has assured investors at the inaugural Petroleum and Energy Summit that their investment in the country is safe and will bear more profits in the near future.

During the officially opening of the two-day Summit today, Mr O’Neill confidently said the country’s economy is doing well.

He said PNG had faced challenges in past years due to the drop in commodity prices.

However, he said the decrease in commodity prices did not change the main goals of the government to provide free education and health care to the people.

“With a very careful management of our economy, we did not lose grip of it and we never cut essential services to our people,” Mr O’Neill said.

He added that the government always maintained its policies since taking office in 2012.

“With the steady end on the economy, our country continues to weather the storm by continuing to maintain a positive GDP growth and a sound outlook for the next two years.”

Mr O’Neill told investors that the country’s economy is on the right track and not out in the dark, as claimed by critics.

More than 450 investors from major LNG buying countries are attending.

The summit will end with a visit to the PNG LNG plant site by the investors.

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3 Comments

Filed under Environmental impact, Financial returns, Human rights, Papua New Guinea

3 responses to “PM declares PNG open for more foreign rape and pillage

  1. Gee Mail

    Why would expect anything less when the conference was held in a hotel owned by the largest rapist of PNG resources!

  2. Benny Kimisive

    This is so sickening. It’s sheer madness. We have a group of men who believe we have given them unquestionable rights to do as they please with their foreign partners in crime.
    The only solution is to get rid of them at election time and set up a Royal Commission of Enquiry into all the decisions in this sector.

  3. Moses Wininga

    We need to value our own nationals in doing business in our own soil. No Australian or Chinese etc, will allow Papua New Guinean to do business in their country.

    Please take note Prime Minister and your government. Trust your own Png men and women to make use of their skills and talents with their given human rights and freedom.

    You Politicians must not accept bribery so that the Good Lord will bless our nation richly and bring peace to all of us the rural areas and the urban areas.

    On Thu, Mar 2, 2017 at 9:08 AM, Papua New Guinea Mine Watch wrote:

    > ramunickel posted: ” + Prime Minister Peter O’Neill is far more worried > about the profits for foreign resource extractors than he is about the > plight of rural people + Foreign resource companies don’t “invest in PNG” > and hope to get rich as PNG gets richer, they invest in ” >

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