Papua New Guinea
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BPNG and Puma urged to put nation and people first

Post-Courier Online

THE fuel supply issues in the country has forced the Deputy Prime Minister John Rosso to call on Puma Energy and the Bank of PNG to put the country and the people’s interest ahead of their interest.

The Deputy Prime Minister said the National Government after directions from Prime Minister James Marape have ensured an understanding with Puma Energy to recommence fuel supply which includes fuel to the aviation industry, whilst further serious dialogue continues to find a long lasting solution to the issue.

He said the Prime Minister Marape has urged restraint, common sense and quick solutions from all parties involved to resolve the issue whilst not compromising our laws.

Mr Rosso said the Puma Energy fuel saga is complex and has urged all parties involved to put the people of Papua New Guinea first whilst dialogue continues to find long lasting solutions to this critical issue.

He said Puma Energy has agreed to make amendments to administrative procedures to meet all of Bank Papua New Guinea’s requirements.

Rosso reiterated that the Government respects the independence and integrity of all government agencies and financial institutions plus Puma Energy.

However, he urges common sense to prevail within the confines of the law to resolve the situation amicably.

He said preliminary investigations which started last year by multiple government agencies have not found any issues with Puma Energy fuel imports, however, BPNG and Customs are continuing further detailed investigations and these reports will be furnished within the next couple of weeks to further clarify the issue.

“Now that Puma is complying, we focus the Government’s attention on ensuring that the other parties comply with directives within the confines of the law, to find solutions – short term and long term – for the benefit of our country and our people.” Rosso said.

He said the Government is continuing serious dialogue led by himself, Treasurer Ling-Stuckey and Minister Kua with BPNG, Puma and BSP as directed by Prime Minister Marape and the National Security Council to have an outcome by Tuesday next week at the latest, so that we can have a solution to this critical issue.”

Puma Energy has agreed to utilize in the interim its emergency stock of fuel to ensure supply of fuel until Tuesday, whilst dialogue continues.

Puma will recommence normal operations including fuel imports once all issues are resolved by all parties involved, as Puma are unable to import fuel due to restrictions on Forex imposed on their operations.