RE: At the end of day11 Sep 2021 07:51
Where this is a will there is a way:-
The field is "indisputably vital for Timor-Leste's future development and the current government is looking forward to finalising all the discussions on jurisdictional competences, including relevant regulations, to develop and benefit from the field as soon as possible", he said.
Soares said the government is "also exploring the strategy of simultaneously developing the other discovered gas fields in the Timor Sea close to the Sunrise field, namely Chuditch and Kelp. Deep, to further boost the economic and commercial viability of bringing the gas pipeline to Timor-Leste".
"This strategy is considered to be more economically viable and, most importantly, will be more. attractive for interested investors to jointly develop the Tasi Mane project; ie establishing an LNG plant in the future," Soares explained. Tasi Mane is a government proposal to build petroleum infra structure along Timor-Leste's southern seaboard including an LNG plant, refinery and petro chemical complex.
Hope we get an RNS