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Charity Golf to Support Cancer Treatment

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Charity Golf to Support Cancer Treatment

Kumul Petroleum Holdings Limited is teeing up for a significant cause with its upcoming charity golf tournament.

The event, set to kick off this Friday aims to rally support for cancer treatment services at Morobe Provincial Hospital.

Marlcom Negints, the Community Affairs Manager of Kumul Petroleum, announced that proceeds from the tournament will be dedicated to acquiring crucial cancer drugs.

Last year’s inaugural event saw remarkable success, raising over K368,000, thanks to the generous contributions of participants and sponsors.

This funding injection significantly boosted the availability of essential drugs for the cancer treatment facility.

However, with the high costs associated with cancer medications, Negints emphasized the ongoing need for financial assistance. Despite surpassing last year’s fundraising goals, there’s still a surplus of K70,000 to bridge the gap.

Beyond fundraising, Kumul Petroleum is actively involved in facilitating the importation of a cobalt-60 source, vital for advancing cancer care infrastructure. Supported by a K15 million commitment under a memorandum of understanding signed in 2020, this initiative underscores Kumul Petroleum’s dedication to corporate social responsibility.

David Wissink, Board Chairman of Morobe Provincial Health Authority (PHA), provided insights into the progress of cancer treatment initiatives. He highlighted significant advancements since the signing of the memorandum of understanding several years ago. Emphasizing the organization’s commitment to enhancing existing equipment for radiation therapy.

The cost of chemotherapy drugs remains a significant challenge, but Dr. Kipas Binga, CEO of Morobe PHA, expressed gratitude for Kumul Petroleum’s assistance in purchasing these vital medications. With a focus on collaboration between public and private entities, Dr. Binga reaffirmed Morobe PHA’s commitment to improving healthcare outcomes for the community.

The extension of the K15 million memorandum of understanding demonstrates ongoing support for cancer treatment initiatives. Dr. Binga assured the public that efforts are underway to restore radiation services by the end of March, utilizing remaining funds effectively to benefit those in need.

Other stories: https://insidepng.com/news-march22-rotary-club-of-port-moresby-supports-st-john-ambulance/

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KPHL SUPPORTS SEZ SUMMIT

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Kumul Petroleum Holdings Limited (KPHL) has fulfilled its commitment to be the Gold sponsor of the Special Economic Zone (SEZ) summit which will be hosted in the country.

KPHL Managing Director Wapu Sonk recently presented a cheque of K100 000 to International Trade and Investment Minister Richard Maru to show their support.

The inaugural SEZ summit in PNG is a platform to discuss policy gaps, opportunities for investors, the types of economic zones and the services or infrastructures needed in those economic zones.

The Managing Director said KPHL is committed to assist the government in its establishment of SEZs, through power generation solutions.

“Kumul Petroleum will play a role in providing energy. It will be a mix of energy sources, it can be hydro, solar, gas fired power stations or bio fuel, depending on where the economic zones are.

“It’s not only Kumul Petroleum investing in energy, but we will bring in partners to work with us in the different energy opportunities that exist, to support these economic zones.” The Managing Director said.

International Trade and Investment Minister Richard Maru thanked the KPHL Board for this support, saying it is a timely boost, and it is a statement to consolidate this partnership going forward.

Minister Maru said the easiest economic zones are those that have roads, wharves, state land and other infrastructures in place, however the biggest issue is energy source.

“The government cannot continue to burn Diesel fuel which is expensive and also pollutes the environment, so we are looking to KPHL to provide a green solution, and it must be cheaper,” the minister said.

He said the cheaper cost of power can be passed onto users and consumers in the private sector, who will also produce goods and compete in the global market.

KPHL being the Gold sponsor of the summit, will be given a slot to speak on their plans and vision to provide clean and cheap energy to all special economic zones, including an information booth during the summit.

The Special Economic Zone Summit will be hosted in Port Moresby, from May 8 – 9, 2023.

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