"We declare our first goal to be for every person to be dynamically involved in the process of freeing himself or herself from every form of domination or oppression so that each man or woman will have the opportunity to develop as a whole person in relationship with others".


- Papua New Guinea National Goals and Directive Principles




Thursday, 4 August 2011

We have caught them again! Another example of shoddy journalism from the Post-Courier

There is one thing we now know for sure, journalists from the Post-Courier are not reading LNG Watch! 

On Wednesday 20 of July we exposed examples of the Post-Courier publishing ExxonMobil press releases as news. However, it appears that eyes at the Post-Courier are pealed to the inbox and fax machine waiting for the next round of press releases from the big multinationals, and not to this blog.

So we have decided to expose them again! This time the expose involves Interoil Corporation press releases.

The Post-Courier story and the two press releases they have cobbled together are below.

C’mon Post-Courier, these companies have millions of dollars for PR, they do not need freebies from one of PNG’s main national newspapers. The odds are stacked against the landowners and the poor, they might not be able to give you press releases, but their voices deserve to be heard. Surely the space wasted on publishing this corporate spin could be devoted to them instead!

The Story

Nobles signs HOA for LNG 


Post-Courier, 4/8/11


INTEROIL Corporation (InterOil) and Pacific LNG Operations Ltd (Pacific LNG) announced the signing of a Heads of Agreement (HoA) with Noble Clean Fuels Limited (Noble) on Tuesday. The HoA is for the supply of one million tons per annum (mtpa) of Liquefied Natural Gas (LNG) from the Gulf LNG Project of PNG to Noble, a wholly owned subsidiary of Noble Group Limited.
The agreement sets out the basis upon which the parties intend to conclude terms for the purchase and sale of one mtpa of LNG, (FOB) for a period of 10 years commencing in 2014, to be supplied by the proposed Gulf LNG Project in PNG.  InterOil and Pacific LNG intend to complete negotiations and execute binding agreements with Noble later this year.
“We are pleased to have executed our first HoA for LNG off-take from our Gulf LNG Project in Papua New Guinea”.
“InterOil is proud to work with the Noble Group, which has a proven track record of providing long-term fuel supply to major utilities across Japan, Korea, China, and Asia as a whole,” InterOil Chief Executive Officer Phil Mulacek said at the signing. Liquid Niugini Gas Vice President for LNG Marketing Conrad Kerr said: “Noble is a good fit for the InterOil strategy of mid-scale and FLNG LNG production, and LNG supply is a natural expansion of the Noble Group’s historical relationships in long-term coal supply for power generation.”
The Gulf LNG Project comprises the Elk and Antelope gas fields and Liquid Niugini Gas Ltd, the InterOil and Pacific LNG joint-venture project company, with modular LNG plants contracted with Energy World Corp Ltd and a Fixed Floating LNG facility being developed with Flex LNG Ltd and Samsung Heavy Industries Co Ltd.
Meanwhile, former PNG Prime Minister Sir Rabbie Namaliu has accepted InterOil Corporation’s invitation to chair its PNG advisory board. 
“I am pleased to chair InterOil’s PNG Advisory Board, and look forward to working to bring the Gulf LNG Project to fruition,” Sir Rabbie said when accepting the invitation. “The Gulf LNG project may be the most significant source of revenue to the PNG Government over the next 30 years". “It will bring jobs and infrastructure to one of our least developed provinces and generate benefits to all the people of Papua New Guinea for many years.” 
Welcoming Sir Rabbie’s acceptance today, Mr Mulacek said Sir Rabbie has been an inspiration and a dedicated servant to Papua New Guinea for his entire career. 
“We welcome him to our team and appreciate his support for our Gulf LNG project,” Mr Mulacek said. Sir Rabbie served as PNG prime minister between 1988 and 1992. He was Speaker of the National Parliament between 1994 and 1997. 
He was also Minister for Foreign Affairs and Trade from 1982 to 1984 and other senior ministries he has held include Primary Industry and Petroleum and Energy since his first election to parliament in 1982. 
Most recently, Sir Rabbie served as Foreign Affairs & Immigration Minister from 2002 to 2006 and as Minister for the Treasury from 2006 to 2007.  Sir Rabbie left Parliament in 2007.
Sir Rabbie holds a Bachelor of Arts degree from UPNG and a Master of Arts degree from the University of Victoria, British Columbia, Canada and an Honorary Doctor of Laws from the same university.
The InterOil PNG Advisory Board is a management group being formed to assist InterOil in discussions with government departments in developing the Gulf LNG Project.
The Press Releases


The first press release


This is used for the first half of the Post-Courier story.


Now onto the second press release.

And here is the second half of the Post-Courier story! 

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