In order to make up the missing volumes from Freeport LNG, Osaka Gas had to buy alternative supplies on the market that resulted in higher costs for the firm and its customers, it said on February 6.
RE: Sunrise gas to LNG plant in East Timor9 Feb 2023 12:43
“This path forward is a significant commitment to our stakeholders, to the aspirations of those who made sacrifices to achieve independence for the Democratic Republic of Timor-Leste, and to the future of our people and Timor-Leste,” he said.
Timor Gap president and CEO Antonio de Sousa said he was “pleased that Timor Gap’s efforts have substantially contributed towards realizing the long-awaited goal of developing Greater Sunrise.”
After the Monday meeting, China’s ministry of commerce said in a statement that Beijing is ready to facilitate dialogue with Australia on economic and trade issues as well as expand cooperation in areas such as climate change and the new energy sectors.
RE: China says it seeks to rebuild ties with Australia8 Feb 2023 17:20
Yes exactly my thoughts Passiton :-)
IF TL not working directly with China to extract the gas as deal being done with the Aussies then they'll want to make sure they have their volumes secured at the right price before anyone else levies any demands etc
Things may take a while to sort out but everyone is keeping their friends close and enemies even closer now aren't they !!