USA TO INVEST K1.6 BILLION IN PNG’S ENERGY FUTURE: MAJOR FUEL STORAGE FACILITY PLANNED NEAR PORT MORESBY HARBOUR

The National Reporting this break through fuel storage facility in Port Moresby

Papua New Guinea’s economy and strategic infrastructure are set for a historic boost, with the United States Government committing K1.6 billion towards the construction of a major fuel storage facility near Port Moresby Harbour. This transformative project, born from strong bilateral cooperation, will enhance fuel security and generate new employment opportunities across the country.

At the request of the PNG Government, the U.S. Department of Defense has awarded the project to DGCI Corporation, a global leader in fuel infrastructure development. The facility will house 1.6 million barrels (264 million litres) of fuel, positioning it as one of the largest storage sites in the Pacific region.

Acknowledging the Marape-Rosso Government’s Leadership

The Pangu-led Marape-Rosso Government has played a key role in initiating and facilitating this strategic development. Their commitment to advancing national infrastructure continues to drive economic growth and create job opportunities—particularly for unemployed youth across Papua New Guinea.

“This project is more than fuel storage and it’s about empowering our people,” stated a government spokesperson. “We extend our gratitude to Prime Minister James Marape and the U.S. Government for making this vision a reality.”

Strengthening PNG–U.S. Relations at 50 Years

This investment marks a milestone in 50 years of diplomatic relations between Papua New Guinea and the United States. It underscores the deepening economic and strategic cooperation between the two nations.

“This investment reflects the priority we place on our bilateral relationship,” said U.S. Ambassador Ann Marie Yastishock, reaffirming both nations' shared goals for security and prosperity.

Project Highlights

·       K1.6 billion investment by the U.S.

·       264 million litres of fuel storage capacity

·       Strategic location: Port Moresby Harbour

·       Enhanced fuel security and energy resilience

·       Local job creation and economic growth

This initiative stands as a symbol of progress reference more than availability in fuelling into  Papua New Guinea’s future through strategic partnerships and infrastructure development.