AGP Executive Report
Last update: 15 minutes agoGreater Sunrise: TIMOR GAP has agreed to buy Woodside’s 33.44% stake for up to US$200 million, potentially giving Timor-Leste full ownership after a separate deal for Osaka Gas’s share. The sale still needs approvals, with completion targeted for the first half of 2027; payments depend partly on a final investment decision and future LNG sales. ASEAN and Investment: A year after joining ASEAN, President José Ramos-Horta says investor confidence is growing, with projects including a solar plant and shipyard offering jobs as the country seeks to diversify beyond oil and gas. Regional Haze: Indonesia’s fires have caused hazardous pollution across the region, including Timor-Leste. Jakarta and Singapore plan a task force to pursue companies linked to the blazes. Australia Visa Pathway: Timor-Leste citizens have 300 places in Australia’s permanent Pacific Engagement visa program for 2026–27. Applicants must be 18–46 and selected through a ballot before applying.
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