AGP Executive Report
Last update: 11 hours agoHospitality: Marriott has signed with Jape Group to build a 100-room Courtyard hotel in Dili. Construction is due to start in 2027, ahead of a planned 2029 opening as the capital prepares to host the ASEAN Summit. Mining: Estrella Resources agreed to sell 27,000 tonnes of manganese from its Ira Miri project to Australian buyer Repusource, marking a step toward first export revenue. The deal covers an initial shipment, not ongoing purchases. Greater Sunrise: Timor-Leste is seeking an internationally recognised operator after Woodside agreed to sell its 33% stake to state-owned TIMOR GAP for $200 million. The government is targeting first gas in 2034 and wants an LNG plant on the south coast. Exploration: TIMOR GAP is seeking a land rig for its Pualaca-1 well, planned for August or September 2027, as part of a three-well onshore campaign.
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