Opposition Leader Patrick Pruaitch has appealed to Prime Minister James Marape to keep his promise to honour agreements signed by previous governments and to give the green light for the US$13 billion Papua LNG project.
In a statement yesterday, Mr Pruaitch questioned whether the Prime Minister now intends to renege on his earlier promise that agreements signed by former governments would be honoured and whether, despite prior Cabinet approval, this government will not honour the Papua LNG Gas Agreement.
The Opposition Leader said the PNG LNG Project involved a very good agreement by the former Somare Government and he was confident Papua LNG would be just as beneficial, especially since landowner issues and royalty payments will be resolved before commencement of production.
Mr Pruaitch warned that cancellation of the Papua LNG agreement could have very damaging consequences for the PNG economy and the government, which is struggling with cash flow issues.
By Meriba Tulo -EMTV News, Port Moresby
