Minister urges people to brace for negative outcome
PEOPLE should be ready to accept a negative outcome if an agreement is not reached between the state and developers of the P’nyang gas project in Western, Petroleum and Energy Minister Kerenga Kua says.
Kua said Prime Minister James Marape had tasked the State negotiating team through him (Kua), as minister responsible, and the developers of the project to work towards reaching an agreement for the project by end of this month (Jan 31).
“We will know very shortly whether we will have an agreement or not,” he said.
“If the developers do not agree with the terms in the agreement, then we don’t mind.
“We will find another way to keep going and so people have to be ready.
“We are negotiating as hard as we can to get a bigger percentage to bring into the country.
“However, if the developer does not agree with the concession, we must be prepared to leave the resources as they are and walk away from any commercial discussions.
“We should not be anxious and keep on giving away these kind of valuable projects and resources for less than what we believe is fair .”
One thought on “Minister urges people to brace for negative outcome”
Too long , so called investors have reaped huge profits at the expenses of the
local economy. The National Government under the leadership of the Prime
Minister Mr.James Marape, the State must negotiate strongly for better outcomes
for the country.
Hard negotiation are the way to go in the world of business,hence start the process
of taking back what Heaven has rightly blessed us with.Win-win outcomes are only
achieved through tough negotiations. I commend the Minister responsible Hon. Kerenga
Kua for his determination and vision to capture more than previous governments have
failed in their quest to bring investments to boost the national economy.
This is the way to go for all future projects either in minerals, gas or even agriculture
for that matter.
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