NATIONAL Petroleum Company of PNG (NPCP) managing director Wapu Sonk is overseeing a crucial transformation of the Papua New Guinea state-owned company which, like the country’s liquefied natural gas sector, has the potential to grow significantly.
A long-awaited restructuring of the entities holding the state’s interests in petroleum projects will see NPCP soon re-branded as Kumul Petroleum Holdings.
The legislation to bring about this change passed through parliament last month, so completion is imminent, says Sonk.
The
