AGP Executive Report
Last update: 9 hours agoGreater Sunrise: TIMOR GAP has agreed to buy Woodside’s 33.44% stake for up to US$200 million. Subject to approvals and a separate deal to acquire Osaka Gas’s share, the state company could take full control of the gas project. Timor-Leste plans to pipe gas to its south coast, though the project’s commercial prospects remain uncertain. ASEAN and investment: One year after joining ASEAN, President José Ramos-Horta says investor confidence is growing, with a solar power plant and proposed shipyard among projects underway. Dili is also hosting Portuguese-speaking countries’ justice ministers and promoting cooperation against transnational crime. Regional haze: Smoke from Indonesian fires has reached Timor-Leste and other neighbours. Indonesia and Singapore plan a joint task force to share information and pursue companies linked to the fires.
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