Papua New Guinea PM formally resigns after weeks of political chaos [Reuters (UK)]
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Source: Reuters
Papua New Guinea PM formally resigns after weeks of political chaos - Reuters 3 Min Read SYDNEY (Reuters) - Papua New Guinea Prime Minister Peter O’Neill formally resigned on Wednesday after losing the support of parliament during weeks of political turmoil in the South Pacific island nation. O’Neill was met with applause when he announced to parliament in Port Moresby that he had delivered his resignation to Governor-General Bob Dadae on Wednesday morning. He said it was likely he would be replaced on Thursday, drawing a line under a period of political chaos. Parliament adjourned until 10 a.m. on Thursday (midnight GMT Wednesday) soon after O’Neill finished speaking. Analysts say the political turbulence could delay resource projects on the drawing board and major energy companies involved in PNG, including Total SA and ExxonMobil Corp, are watching closely. Political instability is not unusual in the poverty-stricken but resource-rich South Pacific archipelago. However, growing con
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