KPHL prepares for energy summit

The National Business

Kumul Petroleum Holdings Ltd (KPHL) is preparing and looking forward to a successful and productive outcome of the PNG Petroleum and Energy Summit next
month, says managing director Wapu Sonk.
Sonk said that as the national oil and gas company and sponsor, they believed the summit would fully achieve its objectives of providing a forum for top-level discussions and collaborations on key petroleum and energy issues.
“KPHL’s primary objective is creating the avenue for LNG buyers, sellers and those other corporate entities who are involved in the energy sector,” Sonk said.
He said the summit was initiated out of the idea that the country’s massive oil, gas and energy potential must be well positioned and showcased through an appropriate platform onshore rather than have it showcased offshore.
The three days from Mar 19 to 21 will include key topics:

  • PNG project overview: updates on existing, planned and future projects;
  • Asia leaders panel: regional partnerships and collaborations;
  • future gas leaders of tomorrow;
  • Government policy initiatives for the petroleum and energy sectors;
  • future energy, maximising technological innovation and sustainable infrastructure development;
  • harnessing Government power policies: domestic energy markets and opportunities;
  • renewable and future energy spotlight: alternative energy supply and sustainable development; and,
  • finance session: how can PNG’s energy sector continue to harness investment?

Sonk said the summit would bring together more than 300 participants, including speakers, senior Government officials as well as major industry players from PNG and overseas.
He said the summit would also provide a platform for Papua New Guinea for disseminating information and harnessing collaboration.
“Key topical sessions provide updates on projects by developers, Government policies, developing domestic energy market and future strategies for expansion,” Sonk said.
CWC Group is organising the summit.
It is held under patronage of Prime Minister Peter O’Neill and endorsed by Petroleum Minister Dr Fabian Pok and Energy Minister Sam Basil.
Key industry players and sponsors who will attend include Kumul Petroleum Holdings Ltd, Exxon Mobil and PNG LNG, LNG Japan Corporation, Total and Oil Search.