A Report from Radio New Zealand International’s Johnny Blades.
Papua New Guinea is at a juncture, experiencing unprecedented economic growth but still mired by poverty, tribalism and parlous human development outcomes. Exxon Mobil’s $US19 billion Liquefied Natural Gas project in PNG began exports last year, marking a major milestone in the country’s development as a foreign investment destination and energy hub.
Yet the benefits from development of PNG’s abundant natural resources – mineral, oil, forestry, fisheries and others – appear mainly confined to a tiny part of the population.
RNZI’s Johnny Blades travelled to PNG and, in this video report, he asks if PNG can convert its significant resources wealth into tangible gains for its burgeoning population.
Exxon’s LNG projects definitely do more harm than good…we have been fighting against it here in Washington State, and many Alaskans are trying to halt the “Deepwater Exploration” rig that recently left the Port of Seattle. It’s a shame that big money seems to trump what people really need and want…
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That is so true. I absolutely agree with you. Thank you very much for reading.
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Another case of the rich getting richer and the poor getting poorer I’m afraid Joycelin 😦
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Absolutely Chris. 😦
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