Power transfer - PNG/Bougainville
1/4/08
ABG president Joseph Kabui said last night that his government is very happy with the outcome of the one-day joint supervisory board (JSB) meeting in Alotau, Milne Bay province. Mr Kabui said both the National Government and ABG signed an understanding on the transfer of mining, oil and gas functions to the ABG last night at the Masurina Lodge. Mr Kabui said it has been three years since the Bougainville Peace Agreement was signed, however, progress has been slow.He said the issue of ownership of the resources was the most contentious at the Alotau meeting where the Government had sidelined the issue until Bougainville holds a referendum. The ABG side has been pushing for ownership of resources since the last meeting.