AGP Executive Report
Last update: an hour agoTimor-Leste Energy Update: Timor-Leste’s petroleum regulator, ANP, has approved Finder Energy’s field development plan for the Kuda Tasi and Jahal (KTJ) offshore project in the Timor Sea, clearing the way toward a final investment decision expected this quarter. The plan covers a phased build using the redeployed Petrojarl I FPSO, drilling three subsea production wells (two at Kuda Tasi, one at Jahal), and installing related subsea infrastructure, with capacity designed for future tie-backs. Regional Diplomacy: Indonesia’s former president Megawati Soekarnoputri met Prime Minister Xanana Gusmao in Dili and urged deeper cooperation with Timor-Leste on climate action, maritime work, research and innovation, and a comparative study on nationalism. Tourism and Investment Friction: A report on Singaporean travel to Timor-Leste highlights practical hurdles for visitors and investors, including limited flight connections, higher costs, and lingering concerns over land ownership rules that can deter large projects. ASEAN Digital Readiness: An ILO study flags Timor-Leste as among the ASEAN countries with relatively low readiness for generative AI, pointing to gaps in digital infrastructure and institutional capacity.
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