Member Info for Kylie1

From last year..

https://news-viptv.com/norway-and-austria-pledge-to-support-timor-leste-development-through-eu-programs/

Https://www.google.com/amp/s/www.tgs.com/press-releases/tgs-secures-funding-for-a-series-of-multi-client-programs-in-southeast-asia%3fhs_amp=true

Https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/tgs-secures-funding-series-multi-050000046.html

Https://reliefweb.int/report/timor-leste/early-warning-system-disasters-takes-shape-timor-leste

Https://www.fmprc.gov.cn/eng/wjb_663304/zygy_663314/gyhd_663338/202308/t20230810_11125229.html

Https://www.offshore-technology.com/news/bayu-undan-jv-mou/

Https://www.google.com/amp/s/www.mirror.co.uk/news/politics/just-stop-oils-demands-contemptible-30644222.amp

So many friends helping out..

https://www.google.com/amp/s/www.philstar.com/headlines/2023/08/07/2286794/sokor-grants-9-million-philippines-timor-leste-vs-marine-pollution/amp/

Https://asianews.network/timor-leste-rethinks-its-accession-bid-if-asean-cannot-handle-myanmar-issue/

Https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/aug/07/australia-economic-weakness-pacific-development-policy-goals-china

Minister of the Presidency of the Council of Ministers discusses bilateral cooperation with the Chargé d'Affaires of the Australian Embassy

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Mon. August 07, 2023, 10:07 am



On Friday, August 4th, the Minister of the Presidency of the Council of Ministers, Agio Pereira, received at the Government Palace, in Díli, the Charge d'Affaires of the Embassy of Australia in Timor-Leste Caitlin Wilson, to discuss bilateral cooperation aligned with the priorities of the IX Constitutional Government. 

During the meeting, the diplomat congratulated Minister Agio on his recent appointment as Minister of the Presidency of the Council of Ministers and expressed Australia's willingness to support the IX Government in achieving its priorities and to further strengthen bilateral relations throughout the mandate. .

Agio Pereira highlighted the excellent existing relations with the Australian Government, considering Anthony Albanese a longtime friend of Timor-Leste, since the times of the struggle for national liberation.

The Minister of the Presidency of the Council of Ministers presented the main priorities of the Program of the IX Constitutional Government, with special emphasis on the strengthening of the national economy, with the development of Greater Sunrise and the South Coast of the country, the creation of jobs and the development of the private sector, the creation of the Timor-Leste Development Bank to facilitate access to finance at affordable interest rates, and the development of the agriculture and industry sectors.

Http://timor-leste.gov.tl/?p=33242&n=1

Https://www.upstreamonline.com/carbon-capture/santos-progresses-10-million-tpa-offshore-ccs-project-via-tie-up-with-timor-leste-national-oil-company/2-1-1497023

Https://www.santos.com/news/bayu-undan-joint-venture-and-timor-gap-sign-mou-to-cooperate-on-carbon-capture-and-storage/

António de Sousa, the president and CEO of Timor Gap, highlighted the environmental and economic advantages of the Bayu-Undan CCS plan.

“Using decommissioned infrastructure to store carbon in an environmentally appropriate way is not only good for the environment, but is an important income stream for Timor Leste,” Mr de Sousa told The Australian Financial Review.

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The Albanese government’s strengthened safeguard mechanism policy, which imposes tougher emissions reduction rules on new gas fields developed to supply LNG plants, has ramped up Santos’ need to develop a CCS project at the Bayu-Undan field.

Japan had asked the government to exclude the Barossa project from the safeguard mechanism, but federal Energy and Climate Change Minster Chris Bowen last month told Japan and South Korea there would be no exemption for Barossa, while voicing Labor support for the legislation that would allow Santos to send CO2 from Barossa to Bayu-Undan.

Timor-Leste looks to grasp carbon storage revenues

Angela Macdonald-SmithSenior resources writer

Aug 6, 2023 – 3.28pm

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The head of Timor-Leste’s national oil company has underlined the importance of carbon sequestration as a potential new revenue stream for the impoverished nation after the company signed an accord with Santos to examine partnership opportunities in carbon capture and storage.

The deal between Santos and Timor Gap, to be announced by Santos on Monday, comes amid an escalation of debate around legislation in Australia that would allow for the cross-border storage of CO2 waste. Teal MP for Mackellar Sophie Scamps last week described the bill as “an excuse to keep mining fossil fuels”.

Gas is piped to Darwin from the Bayu-Undan field in the Timor Sea but the field may in the future be used for CO2 storage.

The bill passed the House of Representatives last Thursday night but still needs to be approved by the Senate. It gives effect in Australia to amendments to the London Protocol, which allow the cross-border transfer of CO2 for storing it in geological formations beneath the seabed.

In the deal between Santos and Timor Gap, the pair agreed to explore opportunities to co-invest in carbon capture and storage projects, including at the Santos-led Bayu-Undan gas field in Timor-Leste waters. Santos has previously signed four non-binding deals with third parties for CO2 storage in the Bayu-Undan field, which it says could store more than 10 million tonnes of carbon dioxide a year.

Santos is looking to develop the Bayu-Undan CCS project to help deal with carbon waste from its controversial Barossa offshore gas project in the Timor Sea, which will supply gas to the Darwin LNG project once the Bayu-Undan field runs dry. Drilling work on the CO2-heavy Barossa project is on pause after Santos was forced to redo consultation with Indigenous communities potentially affected by the $5.8 billion project.

Critics say CCS has not been proved to work effectively, pointing to the example of Chevron’s Gorgon project in Western Australia, which is storing CO2 at levels much lower than originally anticipated.

But Santos chief executive Kevin Gallagher said CCS was “safe” and “proven”, and said the Bayu-Undan CCS project had the potential to be “an exciting new industry” for Timor-Leste.

“This MOU is yet another agreement highlighting the strong interest in carbon capture and storage, and its broad acceptance as a safe, proven technology that is absolutely critical to achieving the world’s climate goals,” Mr Gallagher said in a statement.

Https://www.afr.com/companies/energy/timor-leste-looks-to-grasp-co2-storage-revenues-20230804-p5du2k

Brunei Darussalam business group presents multi-sector investment project

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Fri. August 4, 2023, 3:54 pm



On August 3, 2023, at the Government Palace, representatives of the Stratacom Global group, accompanied by the Ambassador of Timor-Leste to Brunei Darussalam, Abel Guterres, made a presentation to the Minister of the Presidency of the Council of Ministers, Agio Pereira, of a comprehensive multisectoral investment and development project in the municipalities of Baucau and Dili. 

The company based in Brunei Darussalam presented an ambitious project that aims to boost economic and social growth in the municipalities of Baucau and Dili, as well as in adjacent municipalities, with the construction of several tourist complexes, industrial parks, renewable energy production facilities and other infrastructure.

The proposal includes the construction of modern tourist complexes to promote the national tourism sector. In order to boost the local economy, the project provides for the creation of industrial parks to attract companies and stimulate production and job creation in the country. It also includes investments in the production of renewable energy and mineral extraction. The project foresees the construction of other essential infrastructure and offers an integrated approach to development, ensuring that there are areas dedicated to key sectors such as industries, tourism, commerce, health services and housing.

Minister Agio Pereira expressed enthusiasm and interest in the project presented, emphasizing that the Government is committed to encouraging strategic investments that drive progress in Timor-Leste and directly benefit the population. He also highlighted the need to conduct comprehensive studies to assess all social, economic and political impacts, in order to ascertain the viability of the project.

During this visit to Timor-Leste, representatives of the Stratacom Global group will also meet with other government officials to present and discuss the investment plan.

Https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/aug/03/teal-mps-slam-sea-dumping-bill-marine-ocean-act-australia

Https://www.energyvoice.com/oilandgas/north-sea/522892/shapps-summit-harbour-energy-equinor/