RE: The beauty of a Mountain17 May 2021 01:23
Located 150 kilometers south-east of Timor-Leste and 450 kilometers north-west of Darwin, Australia, the gas-rich Greater Sunrise field area offshore fields have been sitting undeveloped for years in part due to maritime border issues between Australia and Timor Leste, and in part due to differences in opinion on how to develop the assets, either via an onshore plant in Timor-Leste, or via an FLNG offshore facility. The project is operated by Australia’s Woodside.
The area contains the Sunrise and Troubadour gas and condensate fields, collectively known as the Greater Sunrise fields. The fields were discovered in 1974 and hold around 5.13 Tcf of gas and 225.9 million barrels of condensate. Shell didn't slam the door shut...
Shell’s attitude throughout the negotiations shows that it is ready to consider not only its commercial interests but also the interests of small nations. Every nation is growing, demand is also increasing, and that's why we have a recipe for success