RE: Thoughts23 Feb 2023 14:05
Unlike the past 20+ years for others and past 3 years for Sundagas/Boil
think that is now a given Malcolm
Latest Woodside and the Island , have agreed to make a decision , on the back
of the new studies and Timor Gap itself in the past few days, given an EXTENDED
remit by the Government.
So there will be processing paths becoming available, could be Beaco, Could be Santos
pipe 2 to Darwin or the SG FPSO plan but this is all drawing to a conclusion, the Island
have no choices left, progress or fall off a financial cliff.
Many of the further support funding from world banks and IMF , have conditions linked
to the development of their other sectors, which requires them funding also, as per the
2011-2030 Timor strategic plan.
They have to get revenues flowing, or risk loosing further financial support, both freebie
funding and low cost , long term loan deals under those arrangements .
Has to happen now they are notice.