LNG plan offers farmers new deal

Business, Main Stories


THE new roads and airstrips being constructed for the PNG liquefied natural gas (LNG) project will give market access to primary agriculture produce.
But a lot of the hard work will be done by local Papua New Guineans, according to Mark Ingram, chief executive of Business for Millennium Development (B4MD).
Last night in Port Moresby, B4MD signed a deal with Hides Gas Development Corp (HGDC), a landowner company.
“What the LNG project provides is a way to finally get market access … so with market accesses ,you can now create an economy for the people.
“The benefit of profits will go directly to the farmers.”
HGDC chairman Libe Parindali and Mr Ingram signed the deal targeting women and children in resource-rich Southern Highlands.
It paves way for the creation of Southern Highlands Produce Ltd, a joint venture between B4MD and landowners.
Mr Ingram also said: “Southern Highlands Produce brings together a group of Australian international companies working in partnership with the communities of Southern Highlands to create a community based fresh produce company”.
Oil Search managing director Peter Botten acknowledged B4MD for its efforts and others who wanted to help and contribute to dealing with millennium development goals (MDGs).
Oil Search is a member of B4MD and it will help seek seed capital for SHP-based produces.
Under the arrangement B4MD would provide necessary expertise, tools and support for SHP from various members to assist with the running of the company.