AGP Executive Report
Last update: 12 hours agoSovereign Wealth & Diplomacy: Prime Minister Matthew Cooper Wale met President José Ramos-Horta at the UNGA margins to discuss deepening ties with Solomon Islands, with Ramos-Horta highlighting Timor-Leste’s sovereign fund as a stabiliser that funds priorities through the national budget. Oil & Gas Development: Timor-Leste’s Autoridade Nacional do Petróleo approved Finder Energy’s Environmental Impact Statement for the Kuda Tasi and Jahal (KTJ) offshore oilfields, clearing a key regulatory step as the project heads toward final investment decision. Pipeline Survey Contracts: Fugro won additional Timor-Leste Ministry of Petroleum and Mineral Resources awards for heavy geotechnical and metocean surveys supporting Greater Sunrise TLNG and the Bayu-Undan pipeline route, with fieldwork planned for early 2027. ASEAN Energy & Climate Focus: Singapore’s Grace Fu urged ASEAN to prioritise a regional power grid, climate finance and resilience during its 2027 chairmanship, as regional concerns also include unemployment and economic recession. Payments Cooperation: Indonesia and Timor-Leste central banks strengthened payment cooperation, reflecting wider moves toward cross-border digital payments. Regional Business & Culture: Viking Sunset Studios brought Bali films Bandit and Semusim to the Dili International Film Festival, spotlighting cross-border creative links.
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