By Peter S. Kinjap in Port Moresby
Papua New Guinea’s Hides gas landowners from PDL 1 and 7 have signed a memorandum of understanding with the Papua New Guinea government team, paving the way for a return to “normalcy” at the troubled LNG project.
Petroleum and Energy Minister Nixon Duban was present at the signing of the MOU and agreed to honour all the issues in the landowners’ petition and tied them in the time frame. He signed the document.
All the points in the points in the petition were locked in with the MOU and the minister confirmed to take it with him to the national executive council for further action.
The government showed proof of a bank print out of royalty money held in the Bank of the South Pacific (BSP) and Bank of PNG. The government officers flew in yesterday to start the clan vetting process and to open up the bank account for locals so the payments can be made.
Bank officers and NID officers will fly in next week and complete process within 30 days to pay the royalties to the individual landowners.
The landowners achieved their demands in the petition mission in 13 days.
They have promised to lift their blockade today.
Hides landowners shut down LNG project
