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Santos has announced the signing of a mid-term LNG provide contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the availability of 20 LNG cargoes, or as a lot as roughly 0.5 million tonnes of LNG per annum, over a interval of three years plus one quarter. The contract will start in Q4 2025, with LNG being supplied from Santos’ international portfolio of world-class LNG belongings on a delivered ex-ship basis. Santos Managing Director and Chief Executive Officer Kevin Gallagher said the contract with TotalEnergies marks a new LNG relationship for Santos, constructing Business News on its present three means partnership partnerships. Our portfolio is well-balanced over the quick to medium term, with round eighty percent of volumes indexed to oil prices and about twenty percent uncovered to spot pricing,” Gallagher stated. “There continues to be extremely robust demand in Asia for high-heating-value LNG from initiatives corresponding to Barossa and PNG LNG, as countries give consideration to reducing their carbon emissions.

The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a show celebrating the nation’s rich economic history and the fiftieth anniversary of Papua New Guinea’s forex. This event, held as a part of the Bank’s fiftieth anniversary celebrations, coincides with the upcoming fiftieth anniversary of PNG’s independence in 2025. The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to six September 2024 on the National Museum & Art Gallery in Port Moresby. The exhibition supplied an opportunity to explore the fascinating history of PNG foreign money and its unique place in the nation’s development. Displaying cultural richness and diversity, attendees were reminded of the significance of currency as a mirrored image of PNG identification, values, and traditions.

“This incubation center will help many people within the metropolis, particularly those working independently,” Parkop mentioned. Hon Parkop additionally recommended the collaborative spirit amongst stakeholders, saying, “We will call for partnerships to ensure the success of this heart,” adding that this initiative is only the start of a larger journey to empower the native tourism sector. For further information about the Tourism Business Incubation Center and upcoming programs, please contact the PNG Tourism Promotion Authority.

Published by Arena Holdings and distributed with the Financial Mail on the final Thursday of every month except December and January. From a younger age, the tech company chief has been driven by a love of learning. Sharma styled himself as a prolific company founder and high-flying businessman. A new report shows only 57% of Australia and New Zealand leaders have a clear understanding of their tech bills. The FMA’s have to court docket approval for liquidity danger tips is fascinating timing.

Over one thousand firms expressed curiosity in 17 categories of tasks for the 2017 capital projects of… Oil prices edged up on Wednesday as developments within the Middle East took centre stage in opposition to cautious demand… In today’s complicated and interconnected business panorama, it has become crucial for organizations to develop and implement a well-thought-out strategic stakeholder administration strategy—engaging with… Yesterday, Apple was sued in federal court by a category of plaintiffs alleging that the company engaged in unfair, misleading, and fraudulent business acts and fraudulent advertising.

Florida gasoline stations struggled to keep up with demand Tuesday as lengthy lines and empty pumps compounded the stress for residents planning to hunker down or flee as Hurricane Milton approached the state’s western coast. The Dominican Republic mentioned Tuesday it has deported or repatriated practically 11,000 Haitians up to now week, fulfilling a pledge to do so weekly as neighboring Haiti scrambles to handle the inflow while besieged by gang violence and poverty. The British Columbia authorities is capping the maximum allowable lease improve at three per cent next yr, down from the 3.5 per cent hike allowed in 2024. Uber Technologies will roll out an AI assistant powered by OpenAI’s technology to help drivers transition to electric vehicles, as a part of its efforts to lower emissions. Change your nation to get extra top tales from where you’re, in addition to the UK and worldwide headlines.