O’Neill promises more delays for LNG payments

Landowners face more delays before receiving promised benefits

Royalty payments to be released after proper clan-vetting process done

The National aka The Loggers Times | 18 July 2018

PRIME Minister Peter O’Neill says royalty payments for landowners of the PNG LNG project will only be released after proper landowner identification is completed through the clan-vetting process.

O’Neill said this in Parliament yesterday when responding to questions from Sinasina-Yongomugl MP Kerenga Kua.
Kua said the Government had not honoured most of its landowner commitments under the umbrella benefit sharing agreement (UBSA).

That included non-payment of royalties and equities, infrastructure development grants, business development grants and the seven per cent equity participation.

Kua asked O’Neill whether Government had delivered all these commitments to the people of Hela and Southern Highlands.

The prime minister said his Government was committed to honour all commitments made by previous governments, “some of which are very misleading to landowners”.

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1 Comment

Filed under Financial returns, Human rights, Papua New Guinea

One response to “O’Neill promises more delays for LNG payments

  1. Ramon Gadd

    Can you please give me more info following this subject please. Also inquiring about dates on when royalties shall be released. Thank you

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