PNG governor says central bank braced for LNG revenues

Bank of Papua New Guinea governor tentatively predicts growth boost


Loi Bakani, the governor of the Bank of Papua New Guinea, today sounded a cautious note when he delivered the central bank's monetary policy statement, as the effects of liquefied natural gas (LNG) production remain unclear.

Papua New Guinea's government has been investing heavily in infrastructure for the production of LNG, which is due to come online later this year. Bakani said the LNG project would likely provide a boost to growth, but added that any resulting revenue and a resulting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account