East Timor & Australia Agree on Gas Project
Update: 2025-12-03
Description
East Timors President, Jose Ramos-Horta, hails a new era of trust with Australia and Woodside Energy, paving the way for a long-awaited gas project. After decades of delays, the nations have agreed to study a five million-tonne project at the Greater Sunrise fields. The project, initially stalled by a maritime boundary dispute, now has a timeline of production between 2032 and 2035. East Timor, eager to develop an onshore plant, is ready to invest more from its sovereign fund to boost local industries.
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