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AGP Executive Report

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Gas Development: Sunda Energy secured a 12-month extension for its Chuditch gas PSC, giving it and state-owned TIMOR GAP more time to agree on drilling plans and approvals. President José Ramos-Horta says the first Greater Sunrise project agreements could be signed early next year, though the proposed LNG development still faces doubts over commercial viability. Energy Investment: Ramos-Horta says costly diesel power and dwindling aid are holding back investment, while arguing oil and gas development is needed to fund economic diversification. Regional Ties: Timor-Leste and Indonesia are seeking broader trade and business links; bilateral trade reached US$273.86 million in January–August, up 1.59% year on year. Mining: Estrella Resources won approval to begin its first drilling campaign at the Laleno Dome, testing for copper-gold deposits. Jobs and Skills: A joint ILO, Indonesia and Timor-Leste programme trained 31 employment officers in counselling jobseekers and responding to employers’ needs. Offshore Oil: Finder Energy contracted a rig for a planned three-well development campaign at the Kuda Tasi and Jahal fields, subject to further approvals.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Sep. 14, 2026

Timor-Leste licenses first local Steel Camel operators

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Oct. 1, 2026

Viking Sunset Studios brings Bandit and Semusim to Dili film festival

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Jun. 25, 2026

Timor-Leste sees ASEAN accession as growth turning point

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Jul. 1, 2026

Influential Women spotlights energy executive Shara Patricia Ciravolo Fesser

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17 hours ago

Indonesia and Timor-Leste strengthen public employment services through South-South cooperation

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Oct. 14, 2026

Talks kick off for Timor-Leste's accession to government procurement pact

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Oct. 6, 2026

Timor-Leste Begins Export of Laga Salt to New Zealand

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Sep. 24, 2026

Timor-Leste, Palau Leaders Press UN on Mideast Peace, Climate Debt

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