President & CEO of TIMOR GAP and the team thanking the invitation from the National Council of Combatants of National Liberation (CCLN) to present and discuss about the investment opportunities for veteran funding in the Petroleum sector as a mean to ensure the role of the CCLN in the defense of RDTL sovereignty through participation in the development of RDTL strategic resources.
TIMOR GAP presented to His Excellency the Minister of Petroleum the update of the work from July 2020 to June 2023, including the update on the progress of the work related to the negotiation of Greater Sunrise.
Central to the electoral promises of the Gusmão government is completing the ambitious oil and gas processing project on the south coast known as Tasi Mane. The project itself is defined in Timor-Leste’s Strategic Development Plan as consisting of a supply base, refinery, petrochemical industry and LNG plant. In his inaugural speech, Gusmão pledged to “initiate the process of the South Coast Development” as well as exploration of the offshore Greater Sunrise gas field within the first year of his government, alongside other priorities including decentralisation and the establishment of a supreme court.