Tick, Tock , Timor Leste1 May 2024 10:09
From Benar news (Indonesian) yesterday.
“Our children are the most poorly nourished in the region,” the Timor-Leste Institute for Development Monitoring and Analysis, also known as La’o Hamutuk, said in its report. “Many undernourished and undereducated children will not become productive workers or optimal parents.” Timor-Leste, which depends heavily on its offshore oil and gas reserves, exhibits the classic signs of the “resource curse,” the report noted. The phrase refers to a phenomenon where countries rich in natural resources often struggle with unsustainable economies and distorted development. This includes the neglect of other sectors, unrealistic expectations of future income, and excessive borrowing, the NGO said.
Time for the demon duo, to deliver on two decades of promises to its people, starting with stable heating and electric for all Timorese ASAP , Sunrise still in the distance (tenders 2030/31) Chuditch drill this year, it can provide that "when a local gas/lng supply becomes available" in the Gov report on the development and transition of the Timor Grid to gas/lng power stations ASAP.
Northern project Metinaro P.I.T petroleum imports terminal , including Gas/LNG and 90-120 days strategic supply, tailor made for local supply Chuditch to fill, project target all complete by 2025/26 (long before sunrise)
FID for Metinaro now well overdue, Feb 2023 FID by end of year or IN Q1 2024 Latest (both expired) , was the recent team visit to China, to secure funding for the project, via the MOU in place between Timor Leste Ministry of Strategic Planning and Infrastructure and the Ministry of Chinese Overseas Development, signed in Cabinet 3 days before Gusmao state visit to see Xi Jinping.
Outcome of that meeting Xi , the BRI will now become active in TL , strange words, since BRI have been building on TL for 20 years, can only mean , bigger projects funding, the team visit two weeks ago , ended with another Chinese statement, we are raising TL from BRI level 1 , to BRI level 2 and will now become active in TL Infrastructure CONSTRUCTION. 🤔👍
TL need gas to grid infrastructure, we have gas (early 2025 results- shell ch2 cos 100%) Chinese BRI can build very quickly and bring it all home.... 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑
🦆🦆🦆🦆🦆🦆🦆🦆🦆
China under BRI level 1 , built the TL national Grid, only fitting , they now complete the conversion process. 😉👍