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Behind a paywall but positive sounding header

Greater Sunrise back on the table☀️

After years of stalemate, Australia and Timor-Leste are back at the table to advance the long-delayed Greater Sunrise gas project, a $74b resource seen as vital to Timor-Leste’s economic future.

Officials met in Dili last week to discuss governance and legal frameworks, following goodwill between Prime Ministers Anthony Albanese and Kay Rala Xanana Gusmão late last year.

As one of the region’s most politically charged energy projects, Greater Sunrise will test not just economic pragmatism, but regional trust.

🔗READ FULL STORY: https://lnkd.in/gXnk3-eg

Great find, Kylie. TL moving ahead even if only preliminary investigations. The intent is clearly there.

Ministry of Petroleum and Mineral Resources - MPRM with tutelage institutions such as ANP, I.P., TIMOR GAP, E.P., ANM, I.P., MRT, E.P. and IGTL, I.P., provides more than US$128 million for 2026, to finance strategic plans and programs for the oil and minerals sector. His Excellency Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro said that this year's budget proposal, related to the requirement to contribute revenues to the state for the medium and long term, coincides with socio-economic development in Timor- Leste.

According to the plan for the period of 7 to 30 years, it is planned to develop potential fields in the upstream such as Greater Sunrise, revitalize the Bayu Undan field which is still in reserve even though production has stopped, the Chudditch field, Kelp Deep, Jahal Kuda Tasi which when monetized is equivalent to US$59 billion.

Regarding the Tasi Mane project, His Excellency the Minister said that the state investment represents a strategic vision for the industrialization of the oil and minerals sector that will result in another multiplier effect in the socio-economic sector, through the installation of Timor-Leste Liquified Natural Gas TLNG. But the focus for the medium term is the installation of the TLNG-2 plant, including petrochemicals, refinery and other facilitating infrastructures, to accommodate oil and gas from the Bayu Undan, Chudich and Kelp Deep fields. For industrialization in Tasi Mane, there will be an expenditure of 1 to 4 billion between 2025 to 2031, resulting in a cumulative income of US$56 billion by 2050.

https://www.facebook.com/share/p/1DPtKAcTCz/?mibextid=wwXIfr

There are negatives but AI generated positives only.

Timor-Leste was officially admitted as the 11th member of ASEAN on October 26, 2025.

Opportunities for Timor-Leste

Facilitates major projects: Membership provides access to financing and technical support from regional partners, particularly for the development of major offshore fields like Greater Sunrise and Chuditch.

Attracts international investment: Leveraging its position within ASEAN and the broader Regional Comprehensive Economic Partnership (RCEP) trade pact can help Timor-Leste attract foreign investors from countries like China, Japan, and South Korea for its oil and gas sector.

Regional infrastructure: As a member, Timor-Leste can participate in the Trans-ASEAN Gas Pipeline (TAGP) master plan. This can provide technical standards and potential concessional funding to help Dili monetize its gas reserves.

Negotiating strength: Membership offers a diplomatic "safety net" that can provide Timor-Leste with more leverage in negotiations with energy companies and international partners like Australia regarding the development of shared fields.

Access to funds: Timor-Leste gains access to development funds, such as the Initiative for ASEAN Integration, which are designed to help bridge the development gap for newer and less developed members

No problem Meadow. I took the opportunity to average down over the last few weeks. Maybe foolhardy but it has given me renewed vigour to follow the activities of Sunda Energy and I still see immense potential.

Meadow, I’m just posting news which impacts Sunda either directly or indirectly. No comment on these negotiations because I have no idea if they will ever find agreement. Woodside’s comments in their quarterly report seemed to be strongly hint where they think the pipeline should go. This could end badly. I hope not.

This week, Australia and Timor-Leste marked the return to Bilateral Negotiations to develop the Greater Sunrise project. Officials from Australia and Timor-Leste met in Dili on the 22nd and 23rd of October to discuss the governance and fiscal arrangements of the project.

As valued friends and close partners, Timor-Leste and Australia welcome this meaningful progress on this important project and look forward to further collaboration. 🇹🇱 🇦🇺

https://www.linkedin.com/posts/anpm-timor-leste_gssra-development-project-activity-7387007056693616641-znci?utm_source=share&utm_medium=member_ios&rcm=ACoAABH65KoBJzcC1pLX5i3mwzbCvbjspz8sRBc

Brief mention from Woodside in their quarterly report regarding Greater Sunrise.

Woodside remains engaged with both the Timor-Leste and Australian Governments, as well as the Sunrise Joint Venture participants, to evaluate and address technical and commercial factors that support the intended development of the fields.

Following Woodside’s visit to Timor-Leste’s south coast as a potential location for processing Sunrise gas, a reciprocal visit was hosted in Karratha and Perth for the Timor-Leste Minister of Petroleum and Mineral Resources and a senior Timorese delegation to demonstrate Woodside’s LNG project execution skills and capabilities.

We didn’t hear anything particularly new in the webinar. Certainly wasn’t aimed at Sunda shareholders, much broader in theme and focused on attracting investors to the country. First production expected in the early 2030’s ( that won’t concern us). Gas processed in TL south coast with pipeline construction from Bayu Undan. AB extremely confident and back on best terms with the government. Interviewer may have made a slip when he spoke of Sunda in Timor Leste and Malyasia. All in all, pretty good description of Chuditch as a world class asset and everything that that brings.

Https://www.youtube.com/live/Z1sY-gikguo?si=EnhmU9L9x5rFXyRH

Well what's the plan from Triangle, they would have presented in their application how they would explore & develope their permits and and have been successful and have been granted operatorship and well done to management on this outcome. Last week reports emerged that the Philippines expects higher gas-fired and renewable power generation to fuel a projected 6.6% growth in power demand over the next two years Energy Secretary Sharon Carin stated " The country will continue to boost gas use for power generation and plans to add more gas-fired capacity to address rising demand." The Philippine government will be expecting Triangle to deliver and in the quickest manner possible and I'm sure they will be offering support and that is a good situation for us holders who are overdue for some action and success.

Going to be very interesting to see just how quickly these permits progress and how Triangle's management handle the situation which is a very different kettle of fish compared to the UK permits we also have. We definitely still have a pulse and looking forward to getting some further info and direction from company.

We should take every win we can They’ve just raised a considerable amount of cash with the least fuss possible. We’ve all waited too long but we go again and this time it has to happen.

No wonder he’s smiling. There’s a renewed sense of purpose and drive going on with Sunda. Very hopeful of a turnaround.

https://www.linkedin.com/posts/graemebagley_thanks-to-frontier-energy-network-for-bringing-activity-7384489549646958592-J5Ur?utm_source=share&utm_medium=member_ios&rcm=ACoAABH65KoBJzcC1pLX5i3mwzbCvbjspz8sRBc

Legal documents finalised by the end of the year, then the development plan for GS is worked out…….But it must be TL LNG.

Live streaming with subtitles

https://www.facebook.com/share/v/1CpDsoWEHN/?mibextid=wwXIfr

“Multiple times overscribed”. Huge success.

AB chaired a panel discussion today on Asian Energy at the World Energies Summit in London. The president of ANP give a presentation on TL plus a few others. A quick AI search.

During the World Energies Summit in London (October 14–15, 2025), Timor-Leste was primarily discussed in the context of its hydrocarbon resources and strategic energy development. A key point was the country's need to navigate the transition away from its soon-to-be-depleted oil and gas fields toward new offshore developments and a more diversified, sustainable economy. 

* Offshore gas development: The future of Timor-Leste's hydrocarbon industry hinges on the development of new projects like the Greater Sunrise and Chuditch gas fields.

* Greater Sunrise: This project was highlighted as a potential new source of billions in revenue, but its development has been delayed by political and technical issues.

* Chuditch field: Operated by Sunda Energy, the appraisal of this field was mentioned as a key activity for the country's offshore prospects.

The management share buying could have as much to do with the Philippines blocks as they do with Timor Leste.

The TL TV interview with the petroleum minister tomorrow will no doubt mention Chuditch and state of play with Greater Sunrise. Could reveal something of interest. Hopefully positive in nature.

The link to that article which suggests Sulu Sea basins could have more gas than Greater Sunrise.

https://www.bullsnbears.com.au/post/triangle-energy-wins-gas-trifecta-with-game-changing-philippines-licences