Puma Energy Papua New Guinea has once again reiterated its commitment to the country by participating in the 17th Resources and Energy Investment Conference, in Australia, as a Gold Sponsor. As a major +fuel distributor in the country, Puma Energy’s attendance is an important opportunity to highlight the company’s important role in enabling the mining sector, and to also restate its commitment to PNG. Puma Energy’s PNG Chairman and Managing Director Hulala Tokome emphasized the company’s long-term presence and investment in the country, acknowledged current short-term challenges and called for collaboration between industry and governments to secure a positive future for PNG. “Puma Energy has been a dedicated partner in the development of PNG for close to ten years.” “Our commitment to PNG is steadfast, and we have embarked on a forward-thinking $150 million investment program, which includes supporting rural retail development and the deployment of solar energy.” “We recognize that certain short-term issues pose challenges that must be solved in order for Puma Energy to continue to contribute meaningfully to PNG's growth.” He also stated that some of the challenges the company is facing is in relation to its banking services. “Despite these challenges, we remain enthusiastic about the future of PNG.” Puma Energy continues to work closely with the Bank of PNG (BPNG) to maintain its banking services with BSP. Following the Government’s Taskforce, Puma Energy believes it has resolved previous issues with BPNG on documentation requirements and now is looking forward to working with BSP to maintain critical banking services. “As a responsible investor in PNG, Puma Energy will continue to provide the highest of standards and quality products.” “The company will continue to drive its purpose to Energize communities and bring long term sustainable prosperity.” Furthermore, Mr. Tokome said, Puma Energy has invested over $650 million in its PNG operations since 2014, which includes airports, terminals, retail sites, convenience stores and the storage, logistics and distribution network that supplies fuel nationwide and currently employs 500 people in the country.