Papua New Guinea: Riding the Resource Boom
By Anthony Fensom
"Papua New Guinea could become the next resources boom state, with a new study revealing the potential for export revenues to swell six-fold by 2030 to U.S.$38 billion a year..."
further on down:
"While the bullish forecasts may excite many, PNG watcher Blair Price, editor of the PNG Report, told The Diplomat that resources and not agriculture held the prospects for the greatest gains.
“I won’t comment on the estimates up to 2030 – ‘potentially’ a lot can go wrong quite fast in PNG. In my view the big opportunities come from gas and condensate developments which can build upon the PNG LNG project infrastructure. That includes additional trains for this project and the possibility that other gas finds can hook into this infrastructure for easier commercialization,” he said."
<more at http://thediplomat.com/pacific-money/2013/02/05/papua-new-guinea-riding-the-resource-boom/>