AGP Executive Report
Last update: 3 hours agoOffshore Energy: Finder Energy has contracted a rig for a three-well campaign at the Kuda Tasi and Jahal project, with drilling expected from December 2027, subject to approvals. Regional Diplomacy: Timor-Leste is joining the Philippines and Cambodia in urging ASEAN members to abolish the death penalty; the three countries have already ended capital punishment. Gas Projects: Regulator ANP has granted Sunda Energy and TIMOR GAP a year to advance plans for the Chuditch-2 appraisal well, after warning it could terminate their contract. President José Ramos-Horta says agreements for the long-delayed Greater Sunrise project could be signed early next year, though doubts remain over its commercial viability. Haze Emergency: Smoke from Indonesian fires forced school closures in Timor-Leste and prompted calls for a regional response. Jobs and Investment: Timor-Leste and Indonesia are sharing employment-service expertise, while Dili is seeking broader market access and stronger business ties. Energy Transition: Ramos-Horta says costly diesel power and dwindling aid are slowing investment, and argues oil and gas development is needed to fund economic diversification.
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