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Project Insights

Political instability in PNG opens door to China

The resignation of Papua New Guinea’s long-standing prime minister looks set to have repercussions for LNG investment in the Pacific island nation The resignation of Papua New Guinea’s long-standing prime minister looks set to have repercussions for LNG investment in the Pacific island nation.
By Sally Bogle 30 May 2019 Asia Pacific / LNG 0 34261
An LNG tanker loading at the PNG LNG plant. (Santos)

The key issue: Papua New Guinea’s longstanding leader Peter O’Neill handed in his resignation this week as dissatisfaction with his authoritarian style, ongoing corruption allegations and unrest over the country’s economic failings led to a loss of confidence in his role as prime minister.

Interfax analysis: Ongoing political instability in Papua New Guinea and the prospect of a new prime minister is paving the way for increased Chinese influence in Port Moresby and increasing the risks facing LNG expansion plans. 

At best, a change of prime minister...