PB10 Papua New Guinea’s vanishing LNG export boom

Development Policy Centre Policy Brief No. 10

By Paul Flanagan

December 2014

Papua New Guinea (PNG) must adjust to lower liquefied natural gas (LNG) and oil prices to avoid a crisis. The PNG LNG project is still extremely important for the country, but because of lower prices many of the benefits of the production phase of the project have vanished – probably for at least a decade. Adjustments are urgently required in fiscal, monetary and foreign exchange policies to adapt to the changed realities.

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Flanagan, P. 2014, ‘Papua New Guinea’s vanishing LNG export boom’, Policy Brief No. 10, Development Policy Centre, Crawford School of Public Policy, Australian National University, Canberra.

Ashlee Betteridge

Ashlee Betteridge was the Manager of the Development Policy Centre until April 2021. She was previously a Research Officer at the centre from 2013-2017. A former journalist, she holds a Master of Public Policy (Development Policy) from ANU and has development experience in Indonesia and Timor-Leste. She now has her own consultancy, Better Things Consulting, and works across several large projects with managing contractors.