Defunct Konebada Petroleum Authority given new life

Business

THE defunct Konebada Petroleum Park Authority has been granted a new lease of life with the appointment of a new board.
The new board has been given two tasks:
First, to bring to justice those before it who are alleged to have run down the institution; and
Two, to recover land which have been sold.
Minister for International Trade and Investment Richard Maru who is also responsible for the Konebada Petroleum Park said he was please to announce the appointment of Martin Kombri (Principal of Kombri and Associates Lawyers) as the new chairman of KPPA board and Boe Daera (WRC Group manager of WR Carpenter PNG Limited) as the deputy chairman.
Other ex officio members of the Board include:

  • SECRETARY of the Department of Treasury or his or her nominee;
  • SECRETARYof the Department of National Planning and Monitoring or his or her nominee;
  • SECRETARY of the Department of Petroleum of Petroleum and Energy or his or her nominee;
  • SECRETARY of the Department of Land and Physical Planning or his or her nominee;
  • SECRETARY of the Department of Commerce and Industry or his or her nominee;
  • THE Central Province administrator,
  • CITY manager of the National Capital District Commission; and,
  • CHIEF executive officer of KPPA.

The appointment was published in National Gazette No. G256.
A statement said the KPPA and its Board was established by the KPPA Act 2008 to facilitate and develop downstream processing of petroleum and energy products.
Maru said there were two key tasks under the leadership of the chairman and his deputy.
“The first task is to ensure that both chairman and his deputy are to bring to justice to those involved in the mismanaging and running down the institution.
“Their second task is to identify and reclaim the land of the institution that had been illegally sold.”