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The academy has a three-year contract with Santos to supply training and is at present getting ready to welcome the 10th cohort of ExxonMobil-sponsored trainees within the coming weeks. An progressive partnership between the Australian Government and PNG-based accreditation supplier Paradais Review Services is about to ship six Papua New Guineans on an important coaching program in South Australia. Over a two-week program, these individuals will train as National Association of Sustainable Agriculture Australia Organic Inspectors and Food Safety Management System Auditors in Adelaide. Local farmers have lengthy struggled to achieve entry to the profitable world natural produce market regardless of a lot of their crops being naturally organic. Currently, worldwide certifiers come in from international locations like Australia, making the process each costly and logistically challenging for PNG agribusinesses.

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Santos Managing Director and Chief Executive Officer Kevin Gallagher famous that the contract with Glencore extends their existing sturdy business relationship and presents a valuable opportunity for both companies to leverage their experience in Asian LNG markets. “This oil-indexed contract, along with a long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan, highlights Santos’ strong LNG portfolio position and buyer relationships in the area. There continues to be strong demand in Asia for top heating value LNG from tasks corresponding to Barossa and PNG LNG. Santos is committed Business News to supporting the energy safety of our valued customers across Asia,” Mr Gallagher said. The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a display celebrating the nation’s rich financial historical past and the 50th anniversary of Papua New Guinea’s foreign money. This occasion, held as part of the Bank’s fiftieth anniversary celebrations, coincides with the upcoming 50th anniversary of PNG’s independence in 2025. The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to 6 September 2024 on the National Museum & Art Gallery in Port Moresby.