AGP Executive Report
Last update: an hour agoGreater Sunrise LNG push: Timor GAP is buying Osaka Gas’ 10% stake in the Greater Sunrise joint venture, lifting Timor-Leste’s ownership to 66.56% and aiming to speed up decisions on the Timor LNG concept. Energy project pipeline: Finder Energy has launched a tender for geophysical, geotechnical and environmental baseline surveys for its Kuda Tasi and Jahal (KTJ) offshore oil development near Suai, with work tied to a targeted final investment decision before year-end. Climate finance at LDC meeting in Dili: Nepal’s BhoteKoshi flood and landslide was raised at the Least Developed Countries ministerial meeting in Dili, with calls for prompt, grant-based support and stronger mountain-focused climate action. Digital and investment ties: The UAE and Timor-Leste agreed to expand cooperation on digitising government services, plus food security, water management and investment discussions. Construction cost planning: Timor-Leste’s Council of Ministers reviewed updated reference costs for heavy equipment rental and fuel, warning rising construction inputs could affect highway project execution.
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