Sunrise JV reaffirmed commitment to Timor-Leste's Greater Sunrise gas fields
Sunrise project sees light on horizon
Progress is being made on the Timorese LNG development, but is unlikely to reach production any time soon
The Sunrise joint venture (JV) has reaffirmed its commitment to develop Timor-Leste's Greater Sunrise gas fields. The JV—comprising Australian gas giant Woodside as the operator with 33.44pc, Timorese NOC Timor Gap with 56.56pc and Japan’s Osaka Gas with the remaining 10pc—“jointly affirms its commitment to undertake a concept select programme for the development of the Greater Sunrise fields”. The Timorese government says the JV has “agreed to select a reputable third-party consultant, specialised in this field, to conduct the concept select study”. The JV has not set out a timeline for development but says it “is aiming to complete the concept select programme expeditiously”, while the gov
Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
