Timor-Leste on the Rise with its Greater Sunrise Fields
Tuesday, 2 May
Around the World
Timor-Leste is one of the youngest and strongest democracies in Southeast Asia that holds substantial undeveloped natural resources within its maritime boundaries. One of Timor-Leste’s premier offshore assets is the Greater Sunrise gas and condensate fields, which is the largest known deposit of hydrocarbons in the Timor Sea, holding recoverable gas reserves of at least 5.1 Tcf of dry gas and 250 m/b of condensate. Developing Greater Sunrise to Timor-Leste is a top priority for the Timor-Leste government and TIMOR GAP, E.P., it’s national energy company, and is intrinsically tied to Timor-Leste’s future prosperity, energy security, and economic independence. This series will feature conversations with Mr. Antonio de Sousa, the President & CEO of TIMOR GAP and Timor-Leste government officials, including Mr. Florentino Ferreira, President of the National Authority of Petroleum and Minerals (ANPM), who will discuss their united vision for developing Greater Sunrise to Timor-Leste, its importance for the country’s economic development, and opportunities for partnership and investment.