RE: TL Gov webpage26 Sep 2023 10:21
Timor-Leste and China partner for possible gas development
CHINA and Timor-Leste have struck a new bilateral agreement bolstering their economic ties in a move that may see Beijing wield further influence in the South East Asia and potentially pursue new gas developments.
That's the headline, from media/mags released on Friday and over the weekend , that should now be
grabbing the sector's attention π€
Tick , Tock , who will now jump off the fence to get an early mover advantage, before a major CNOOC
and other state companies Chinese take away π²
11 Licenses untouched on the bid round, known drilled discovery fields Chuditch , Kelp (both 1998)
and the 23 year road block Sunrise (1974) , it is pretty much now certain, the Island will get its long
heels dug in wish, for its own industry, be that all supported by Xi and China BRI, or the long hold
outs, OZ and companies, now U turn from their own options and also join the TL bandwagon π€
Said for 4 years now, NOTHING would happen, until a regional/political change in the area, I am
now saying , that HAS HAPPENED, things should now start to progress from , been in talks since
Q4 2021 , will make new efforts summer 2022, etc, etc
to a real possibility soon, of an RNA Message landing over the rns news wire, of WE ARE...... or
HAVE ENTERED exclusive (nda) for a JV Chuditch or 100% SALE of Sundagas (75% C and done)
π°π