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flag Papua New Guinea repaid its $16 billion LNG debt six months early, boosting national credibility and future investment.

flag Papua New Guinea has fully repaid the $16 billion debt for its PNG LNG project six months early in December 2025, thanks to strong production, cost control, and high global LNG prices. flag The milestone clears a major financial hurdle, allowing future revenues to flow directly to shareholders, including the state-owned Kumul Petroleum Holdings. flag Prime Minister James Marape called it a win for national credibility in attracting investment. flag The repayment strengthens PNG’s ability to finance upcoming projects like Papua LNG, though the country continues to rely on joint ventures rather than a national oil company, leaving ongoing challenges around equity, landowner benefits, and revenue stability.

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