BSP cuts ties with PNG fuel supplier Puma

BSP Financial Group Limited (BSP) has cut ties with Puma Energy, according to Papua New Guinea Petroleum and Energy Minister Kerenga Kua. According to Minister Kua, the action by BSP is independent of the Government and

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PNG fuel crisis ‘restored temporarily’

The fuel crisis in Papua New Guinea has been restored temporarily after acting Prime Minister John Rosso successfully mediated in a meeting Monday between the Bank of PNG and Puma Energy. Rosso said that the Central

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PNG Government seeks solutions to fuel crisis

Papua New Guinea acting Prime Minister John Rosso has assured Papua New Guineans, residents and businesses that a short term arrangement has been reached between Bank of Papua New Guinea (BPNG) and PUMA to continue

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PNG Chamber concerned about foreign exchange saga

Papua New Guinea’s Chamber of Commerce and Industry is concerned about the ongoing foreign currency constraint saga. Chamber president Ian Tarutia said a consistent supply of fuel and associated products were

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PNG flights cancelled over ongoing dispute

An ongoing dispute between Puma Energy and the Bank of PNG has restricted the supply of fuel, causing domestic flights in Papua New Guinea to be cancelled. In a statement, Puma Energy has decided to restrict the supply

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