RE: Chart8 Oct 2024 12:45
The $74bn Greater Sunrise gas project – which has been decades in the making – could be under way by the end of the year, the Timor-Leste president, José Ramos-Horta, said.
Ramos-Horta is visiting Australia and will speak at the Sydney Opera House before giving a National Press Club address on Wednesday. The trip comes amid mounting pressure for Australia to finalise an agreement, with Ramos-Horta saying there’s no shortage of potential investors, including from China.
Ramos-Horta said he wants Australia to work constructively and with an open mind to “reach an early conclusion on the development of the Greater Sunrise”.
“The day they sign the agreement, the work will begin in Timor-Leste,”