Tkatchenko's Taiwan gamble puts PNG's gas revenue on the line
by PAUL L. KEBAIJA Papua New Guinea's Foreign Minister Justin Tkatchenko has made a habit of unilateral gestures dressed up as policy. His latest may be his costliest. On 16 July, Tkatchenko abruptly announced the closure of Taiwan's representative office in Port Moresby without prior negotiation with Taipei, ending an economic presence established in 1990 following a trade agreement signed the previous year. The consequences arrived within days. Taiwan's Foreign Ministry has convened a meeting to weigh responses, including a review of its liquefied natural gas purchases from PNG. Taiwan buys roughly 1.2 million tonnes of LNG annually about a third of PNG's LNG exports and a major source of national revenue. Consider what is now in play: LNG accounts for more than 40 percent of PNG's total exports. No responsible foreign minister puts a third of the country's flagship export market under review to score a symbolic point. Yet that is precisely what has happene...