
BPNG says no to Puma Energy US$50 million [K176 million] request for fuel ‘comfort’
Governor of the Bank of Papua New Guinea, Elizabeth Genia said the BPNG cannot sign a ‘comfort letter’ that would guarantee Puma PNG a minimum monthly intervention of USD 50m (K176 million) solely to fulfil their foreign exchange orders. “The BPNG intervention program is there to assist all businesses access foreign currency and we will […]








