Member Info for ifiknewidberich9

Real info Gov web.

https://timor-leste.gov.tl/?lang=pt

Fri Jul 19, 2024, 3:26 PM

Minister of the Presidency of the Council of Ministers and Spokesperson for the Greater Sunrise discussions, Agio Pereira, met with Australia’s Special Representative for the Greater Sunrise Project, Steve Bracks, on 19 July in Darwin. The meeting aimed to take stock of the situation and share information and views within the scope of their roles as representatives of Timor-Leste and Australia in the discussions of the Greater Sunrise initiative, as well as to consider what the next period holds and what they can achieve together. During the meeting, Steve Bracks discussed his recent visit to the south coast of Timor-Leste and shared his impressions and perspectives on the future establishment of the Suai Supply Base. Minister Agio Pereira thanked Steve Bracks for visiting the south coast and the community located in the project area. Minister Agio expressed the hope that the two representatives will continue to work together to achieve objectives that are beneficial to both countries, Timor-Leste and Australia. The two envoys also conducted a joint visit to the Ichthys LNG onshore processing facility at Bladin Point, near Darwin, where chilled gas from the Ichthys field is transformed into liquid. The visit was hosted by Chris Wilson, INPEX’s Senior Vice President of Operations. The purpose of this visit was to closely observe the installation and assembly of all the modules, which are very important for all processes, especially LNG liquefaction units 1 and 2. During the visit to the LNG plant, INPEX stated that it would take a maximum of six years to install all the modules and be fully operational, with a total estimated cost of US$40 billion. Ichthys LNG is a joint venture between INPEX group companies (the operator), the main partner Total Energies and the Australian subsidiaries of CPC Corporation Taiwan, Osaka Gas, Kansai Electric Power, JERA and Toho Gas.

Fri, July 19, 2024, 2:50 p.m.

The Government of Timor-Leste, the Commonwealth of Australia and the Greater Sunrise consortium (composed of TIMOR GAP, EP with a 56.56% stake, Woodside with 33.44% and Osaka Gas with 10%), took stock of the progress of negotiations regarding the Mining Code for Petroleum Exploration, Production Sharing Contract and Fiscal Regime. The meeting took place on 18 July 2024, at City 8, in Dili. During the meeting, the National Petroleum Authority (ANP), accompanied by the Ministry of Finance and the Ministry of Foreign Affairs and Cooperation, together with representatives of Australia from the Department of Industry, Science and Resources, the Department of Treasury and the Department of Foreign Affairs and Trade, discussed the progress achieved. 4 This round of negotiations, which follows on from previous meetings, aims to reach agreement on key documents that will establish the legal and regulatory framework necessary to support the development of gas and condensate in the Greater Sunrise field. Since October 2023, the negotiation process has seen significant progress in meeting the requirements of Annex B of the 2018 Maritime Boundary Treaty, with all parties committed to rapidly finalizing the legal framework that will serve as the basis for the development of the Greater Sunrise field. two The Government of Timor-Leste, the Commonwealth of Australia and the consortium companies are committed to developing the Greater Sunrise project in a manner that is mutually beneficial to all parties, ensuring its commercial viability as soon as possible, as stipulated in the Maritime Boundary Treaty. The negotiation process continues at a fast pace, reflecting the collective commitment to realizing the Greater Sunrise development plan and supporting the development of Timor-Leste. During the negotiations, progress on the selection of the concept, which is being carried out by Wood PLC, representing the Greater Sunrise consortium, was also updated. All parties are awaiting the results of the study, which is expected to be completed in the last quarter of this year.

Answer one yourself , why have you 219 posts last 30 days 19 all on SNDA, all with zero content and as useful and intelligent as Baldrick's moustache , you grade A , MOAMM clown.

et al , catch you Monday.........GLA genuine lth's.

3 potential Timor onshore plans require gas, LNG's at Beaco, Metinaro and Natarbora, Chuditch has gas and will flow long before Sunrise (been on care and maint since 2004).

Chuditch can refill Timor depleting wealth fund and provide for its domestic security plan, for years before Sunrise can start doing the same..........GLA

The Wood-led concept study will evaluate options for developing, processing and marketing the gas with development candidates including a liquefied natural gas project in Timor-Leste. “Woodside Energy understands, respects and wholeheartedly supports Timor-Leste’s aspiration for Sunrise to deliver real benefits to its people and we are very excited to collaborate on this important next step for the project,” Woodside chief executive Meg O’Neill said in November 2023, when it was announced the study would be performed. In tandem with the concept study, the Sunrise partners and the Timor-Leste and Australian governments are progressing a new production sharing contract and a novel fiscal regime, which should provide the necessary fiscal and regulatory certainty for the project to leave the drawing board.

Should, fingers crossed, be a production path plan in play before our drill bit turns........GLA

Post what I find good or bad, up to others how they choose to use or abuse the REAL information. GLA

Woodside just sealed a huge deal with Taiwan already having a Japan/INPEX + deal in place for 20-25 years.

Australia want more domestic gas but also to maintain its leading gas/lng exports position in the market.

China said looking for an additional 20 mtpa (that's 5 Sunrises by Shells 4mtpa 26/28 well plan) next 10 years

Korea holds JV with Santos/ENI, also looking to increase offtakes in the years to come.

Demand all around Timor is increasing and Chudtich , Sunrise and lets not forget Kelp as big as both put together according to ExxonMobil at 10.5-14 tcf, all sat right in the middle of that demand a potential 25-30+ tcf between them or in its alt 4 - 5 Billion boe.

Timor Leste area of the already prolific since the 70's Timor Sea (Australian/Indonesian waters) will explode into action, the wait continues...........

Timor are going to get Sunrise Hub/ Beaco, or onsite platform (flng/fpso) recent Australian Government statement , NO ROOM at Darwin, to which is to now comprise 3 large LNG complexes, to the left the Ichthys hub, to the right the currently idle soon to become Barossa hub (2025) and the being built between them central Betaloo basin (onshore) refineries.

ENI recently said might hold on Evans Shoal , joint plan with Santos to pipe it and Barossa together from the new Barossa hub pipeline to Darwin, as Bayu Undan does not have the capacity for all of its carbon waste via the old Darwin Bayu undan pipeline.

Not a problem, a much bigger carbon capture facility is being built by Majors offshore just North West of Darwin. Even the old bod looked at Chuditch being self sufficient with its own self storage operation.

As for NO ROOM, the Northern Territories Governor, seemed to disagree in a statement very recently, quoting the expected increase in the NT % of Australian production and storage, with room for further expansion, could mean they just have to clear more land to build a 4th complex?

Fri. 19 of July of 2024, 15:26h

The Minister of the Presidency of the Council of Ministers and Interlocutor in the Greater Sunrise discussions, Agio Pereira, met with Australia's Special Representative for the Greater Sunrise Project, Steve Bracks, on the 19th of July in Darwin. The purpose of the meeting was to catch up and to share appropriate information and views in their roles as envoys of Timor-Leste and Australia on the Greater Sunrise Initiative discussions, as well as to consider what the coming period holds and what they might be able to do together. During the meeting, Steve Bracks mentioned his recent visit to the south coast of Timor-Leste and shared his thoughts and what his view in the future installation of Suai Supply Base. Minister Agio Pereira thanked Steve Bracks for his visit to the south coast and the community located in the project area. Minister Agio expressed hope that the two representatives will continue to work together to achieve objectives that will be good for the two countries, Timor-Leste and Australia. The two envoys also conducted a site visit together to the Ichthys onshore LNG processing facilities at Bladin Point, near Darwin, where the cooled gas from the Ichthys Field is transformed into liquid. The visit was hosted by Chris Wilson, Senior Vice President of Operations at INPEX. The objective of this visit was to see directly the facilities and the installation of all the modules, that are very important for all processes, especially LNG train 1 and 2. During the visit to the LNG plant, INPEX said that, they need a maximum of 6 years to install all the modules and become fully operational, with a total estimated cost of 40 billion dollars. Ichthys LNG is a joint venture between INPEX group companies (the operator), major partner Total Energies and the Australian subsidiaries of CPC Corporation Taiwan, Osaka Gas, Kansai Electric Power, JERA and Toho Gas.

Too much going on in the background for Andy not to get a good deal and as he stated

"have had a lot of very interesting offers" including offtake companies.

Chuditch has a lot going on around it, Bayu Carbon Capture, pipeline from Darwin but also work started many months ago converting the platform to allow other inputs and shipborne offloading. Potential HUB pipelines Sunrise and Barossa, for future FFD expansion (many wells) Not to mention Santos/ENI jv mou for the Whole Timor Sea, with Santos picking up area R (wider Bayu area) and ENI Area P that links Chuditch and Sunrise Licenses.

Woodside/INPEX Japan MOU

Santos/ENI/Koreans JV/MOU

CNOOC/China states , China yet to reveal its assistance under its own MOU/BRI/GDI funding promised by Xi to Horta, with Horta set to meet Xi again in China from 27th of this month.

They all want more gas and Chuditch sat in the middle of it all, drilling soon and as Shell stated years ago , wider license lots of other leads and upside, thought on full development , probably end up BIGGER than Sunrise (5 tcf 850mboe plus 225mb Condensate)

Santos Barossa HUB pipeline to Darwin also getting close. Barossa just East of Chuditch in Australian Timor Sea region.

once up and running the current Darwin - Bayu Undan pipeline will be output only carbon/wastes for Bayu storage.

LNG exports are projected to continue to be a major economic driver for the Northern Territory, which will push growth in gross state product from 2.3 per cent in the coming financial year to 7.1 per cent in 2025-26, when LNG exports from Barossa are expected to begin. Slama continued: “Growing LNG demand in our region is an enormous economic opportunity for the Territory and we welcome the federal government’s commitment in the Future Gas Strategy that Australia will remain a reliable and trusted trade and investment partner.“Our LNG exports have an important role to play in the energy security and decarbonisation of our region, in addition to the significant economic and strategic benefits from Australia’s key trading partners.” Scheduled for first production in the first half of 2025, the Barossa project will supply replacement gas to the Darwin LNG (DLNG) plant

Woodside also cut another big long term gas/lng supply deal to Taiwan

The sale and purchase agreement (SPA) outlines Woodside’s commitment to supply approximately six million tonnes of LNG to Taiwan over a 10-year period, commencing in July 2024. This deal represents Woodside’s first long-term sales agreement with Taiwan, underscoring the growing demand for Australian LNG in the region. The agreement also includes a potential extension, with Woodside possibly delivering an additional 8.4 million tonnes of LNG to CPC for another decade, from 2034 to 2043, subject to certain conditions and further negotiations. Woodside CEO Meg O’Neill expressed enthusiasm about the deal, stating: “This agreement with CPC for long-term supply to Taiwan is a first for Woodside and another demonstration of the ongoing demand for Australian LNG in Asian markets. “It also reinforces the value our customers place on Woodside’s ability to maintain [a] safe and reliable supply of energy into the 2030s.”

The LNG supplied under this agreement will be sourced from Woodside’s global portfolio, showcasing the company’s capacity to leverage its diverse assets to meet international demand.

https://petroleumaustralia.com.au/news_article/woodside-energy-secures-major-lng-supply-deal-with-taiwans-cpc/

Woodside also have a MOU for new gas assets in the area with Japanese Government bank support the MOU stating ALL Japanese companies will be available to assist in new projects if required. (Inpex , Jera etc etc)

The MOU for Woodside JV's to provide Japan with Domestic supply security for the next 20-25 years.

Https://petroleumaustralia.com.au/trending/timor-leste-petroleum-hubs-to-support-greater-sunrise-gas-development/

Remember that name Meadow Jimmy No

clue MOAMM ten posts, sound like a Cherokee Indian :))

Has to be a reason, Timor Gap moved from a 25% FREE carry recently, to farm up to 40% and start paying their way, TG are Government owned and funded , WHY now, if they had no plans, they could have sat it out and waited with zero cost.

Https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRUEzHhKwQS7zBAqf8gzb3gCKm4xeeuJTRzTI-MhkcWSgNL4dEP_Rqiwl6PdvqQ2TSciLc&usqp=CAU

Aye we're all doomed Vixen lol

Volume remains dead in the water 50m combined across the AIM/AQSE markets, Andy will bring back the 1000-6000m days with a stonking progress update, soon hopefully. GLA

The longer we go without news, into Horta's China meeting with Xi (27th July) the more this appears to walk and talk like a duck (onshore Domestic security project and Chuditch joined at the hip) awaiting BRI Level 2 infrastructure funding.

Vela was a good one, about 2 years ago , started with the 1, then came 1 900 and 1 911 , had not seen them 900/911 in years, now see them all the time (Richard Heads) they progressed to strings of 1 900 911 1 kept expanding and ended up with strings of 1 2 3 4 5 911 5 4 3 2 1

The culprits were tracked down and banned from the fee free site, not a code in sight on vela and finally an rns two week later.