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Clinton Visits Papua New Guinea to Discuss Petroleum Resources

Nov. 3 (Bloomberg) -- U.S. Secretary of State Hillary Clinton arrived in Papua New Guinea to highlight anti-corruption measures and discuss the island nation’s plans to manage massive fields of petroleum and natural gas.

During her five-hour stop in Port Moresby, Clinton will also address the status of women in the violence-prone capitol and climate change. Her visit is part of a two-week trip to the region meant to bolster alliances and reaffirm U.S. leadership in the Asia-Pacific region.

As part of that diplomatic effort, Clinton held her second annual meeting with Pacific Island leaders on the margins of the United Nations General Assembly meeting in September. The U.S. also sent its largest delegation ever to the 16-country Pacific Islands Forum meeting in August. Papua New Guinea’s natural resources include gold, copper, oil and natural gas.

Clinton will visit a mangrove reforestation project, part of U.S. support for efforts to manage biodiversity and climate change. The Obama administration has pledged more than $21.5 million over the next two years, pending Congressional approval, in climate change assistance for Pacific Island countries.

To contact the reporter on this story: Nicole Gaouette in Port Moresby, Papua New Guinea, at +1- ngaouette@bloomberg.net;

To contact the editor responsible for this story: Bill Austin in Tokyo at billaustin@bloomberg.net

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