Oil - consumption:

29,050 bbl/day (2006 est.)

Oil - exports:

39,310 bbl/day (2005)

Oil - imports:

24,150 bbl/day (2005)

Oil - proved reserves:

88 million bbl (1 January 2008 est.)

Natural gas - production:

140 million cu m (2006 est.)

Natural gas - consumption:

140 million cu m (2006 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - imports:

0 cu m (2007 est.)

Natural gas - proved reserves:

226.5 billion cu m (1 January 2008 est.)

Current account balance:

$125.8 million (2007 est.)

Exports:

$4.686 billion f.o.b. (2007 est.)

Exports - commodities:

oil, gold, copper ore, logs, palm oil, coffee, cocoa, crayfish,
prawns

Exports - partners:

Australia 27.3%, Japan 9.5%, China 5.7% (2007)

Imports:

$2.629 billion f.o.b. (2007 est.)

Imports - commodities:

machinery and transport equipment, manufactured goods, food, fuels,
chemicals

Imports - partners:

Australia 51.3%, Singapore 11.6%, China 7.9%, Japan 5.7% (2007)

Economic aid - recipient:

$266.1 million (2005)

Reserves of foreign exchange and gold:

$2.087 billion (31 December 2007 est.)

Debt - external:

$1.646 billion (31 December 2007 est.)

Stock of direct foreign investment - at home:

$NA

Stock of direct foreign investment - abroad:

$NA

Market value of publicly traded shares:

$4.863 billion (2005)

Currency (code):

kina (PGK)

Currency code:

PGK

Exchange rates:

kina (PGK) per US dollar - 3.03 (2007), 3.0643 (2006), 3.08 (2005),
3.2225 (2004), 3.5635 (2003)

Communications
Papua New Guinea

Telephones - main lines in use:

60,000 (2007)

Telephones - mobile cellular:

300,000 (2007)

Telephone system:

general assessment: services are minimal; facilities provide
radiotelephone and telegraph, coastal radio, aeronautical radio, and
international radio communication services
domestic: access to telephone services is not widely available;
combined fixed-line and mobile-cellular teledensity is 6 per 100
persons
international: country code - 675; submarine cables to Australia and
Guam; satellite earth station - 1 Intelsat (Pacific Ocean);
international radio communication service (2007)

Radio broadcast stations:

AM 8, FM 19, shortwave 28 (1998)

Radios:

410,000 (1997)

Television broadcast stations:

3 (all in the Port Moresby area; stations at Mt. Hagen, Goroka