AGP Executive Report
Last update: an hour agoFood & Dairy Industry: Dili Dairy Factory has resumed production and is returning to the market at full capacity after internal upgrades and independent lab testing reported no non-compliances, aiming to restore supply with tighter quality control. Oil & Gas Development: Timor-Leste’s petroleum regulator ANP approved Finder Energy’s field development plan for the Kuda Tasi and Jahal (KTJ) offshore project, clearing the way toward final investment decision; the phased plan includes redeploying the Petrojarl I FPSO, drilling three subsea production wells, and adding subsea infrastructure. Energy Infrastructure: Singapore’s Global Group has started building its first fuel storage terminal in Timor-Leste (Liquica), a US$10m tank farm targeting completion in 10 months with capacity for millions of litres of diesel and petrol. Fisheries & Compliance: A regional fisheries officer exchange between Papua New Guinea and Timor-Leste focused on strengthening compliance and tackling illegal fishing, with hands-on training covering port inspections, vessel monitoring, catch documentation, and enforcement systems. Regional Cooperation (ASEAN): Vietnam says it will share experience with Timor-Leste as the country prepares for ASEAN chairmanship in 2029, highlighting cooperation opportunities in agriculture, food security, digital transformation, tourism, and investment promotion.
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