Jet A1 tanks rising at Motukea

Four Jet A1 fuel storage tanks are gradually rising above the ground at the a site adjacent to the Motukea international wharf. The construction work by Kumul Petroleum Holdings Limited is part of their commitment to provide a long-term solution to critical fuel suuply in Port Moresby and PNG and ensure that fuel supply crises…

Read more

KPHL starts shooting seismic in Gulf Province!

KPHL has just this month started gathering seismic data in its Barikewa petroleum retention licence in Gulf Province. Kumul Petroleum Managing Director, Wapu Sonk explained, “Our contractor, OM Holdings Limited or OilMin, has for the last few months been engaged in landowner engagement, building camps, helipads and bridging, drilling holes for explosive charges, and laying…

Read more

KCH MD VISITS MOTUKEA FUEL STORAGE CONSTRUCTION

Managing director of Kumul Consolidated Holdings Professor David Kavanamur met Kumul Petroleum’s managing director, Wapu Sonk together with his project management team to tour the fuel storage facility being constructed at Motukea, adjacent to the port, to address the fuel shortage issues the country has been experiencing. KPHL is constructing infrastructure for the import and…

Read more

K150 million dividend from Kumul Petroleum!

Kumul Petroleum Holdings Limited managing director, Wapu Sonk, today handed over a cheque of K150 million to the State Owned Enterprises Minister Hon. William Duma, as final dividend payment for the year. Mr Sonk said, “This has been a tough year financially for KPHL, we have had to meet our PNG LNG Project JV cash…

Read more