WHO WE ARE
Laba was established in 2009 as the umbrella landowner company for the customary landowners of the PNG LNG site to participate in commercial activities from the PNG LNG Project construction.
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Customary landowners also receive income from equity in the PNG LNG Project as mandated under the Oil & Gas Act. After PNG LNG construction, LHL was awarded certain contracts such as transportation, vegetation clearance, and labour hire.
OUR VISION
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To significantly improve the quality of life for the traditional landowners of the PNG LNG and Papua LNG plant site.
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Aspire to be more than just a landowner company for current, and future generations to come.
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To leave a lasting and sustainable legacy for Laba Holdings stakeholders, by establishing future generations trust fund.
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To develop the Caution Bay area land bank as a ‘smart and modern’, industrial, education, health, and technology precinct.
OUR MISSION
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Build Laba’s capability as a strong oil and gas industry service provider, using the Papua LNG Project to transform the company.
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Develop, Grow and Diversify and investment portfolio to become a future generations fund for the traditional landowners of the LNG plant site
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To promote a strong safety culture in all aspects of company activities, whilst promoting environmental awareness and sustainability.
CORE VALUES
The aim is to develop Laba as the benchmark landco in the resource sector and to have core values underpinned by the principle of ‘developing a sustainable legacy business for all its stakeholders and improving the quality of life for impacted communities’.
Building a foundation of values is a journey and resources will be secured to invest in developing employee/community awareness and ownership.
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Honesty
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Respect
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Diversity
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Innovation
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Excellence
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Transparency
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Inclusivity
