“Papua New Guinea’s oil and gas industry is celebrating a government decision to convert the under-performing upstream regulator (DPE) into a statutory authority. It is understood the main differences between the current regime and the statutory authority are that industry players will pay a levy to fund the authority, and an independent board and managing director (Frank Kramer?) will oversee and provide expertise, without compromising regulatory authority.” via Petromin/Kalinoe are GONE = Kumui Petroleum.
Spring cleaning at the DPE?
April 2nd, 2013 · 1 Comment