The Minister for Petroleum has told Woodside and the Albanese government that gas from the project must be piped to East Timor and that other countries are circling.
East Timor’s Minister for Petroleum has issued an ultimatum to partner Woodside Energy and the Albanese government, warning offshore gas located between the two countries must be piped to East Timor and that other Asian countries are circling to develop the potential $US50 billion energy resource.
“The government of Timor-Leste’s position is clear and unambiguous that the only acceptable option for the people of Timor-Leste is for the pipeline to be built from the Greater Sunrise to the south coast,” he told“It is the best option, both commercially and technically.” The Albanese government wants Greater Sunrise developed as soon as possible, with gas processing at either East Timor or Darwin, to deliver royalties worth 70 per cent to 80 per cent or the project’s total tax take to East Timor’s impoverished nation.
“If we don’t support East Timor’s economic development, that opens up the opportunity for China to exploit it as they have in other places,” Dr Dupont said.“The East Timor elites are fully committed to getting this processing facility in East Timor.