AGP Executive Report
Last update: 12 hours agoOil & Gas: President José Ramos-Horta says agreements for the long-delayed Greater Sunrise gas project could be signed early next year, though doubts remain over the commercial case for a planned LNG plant. Finder Energy has secured a rig for three offshore KTJ development wells, with drilling scheduled for December 2027, subject to approvals. Trade & Investment: Timor-Leste and Indonesia signed an investment treaty to encourage cross-border investment and broaden business ties. Bilateral trade reached US$423.63 million in 2025; the countries are also seeking wider market access. Mining: Estrella Resources won approval to begin its first drilling campaign at Laleno Dome, testing copper-gold targets as early as next week. Regional Disruption: Indonesian fires pushed Southeast Asia to its highest haze alert level, with pollution affecting Timor-Leste and prompting school closures earlier this week.
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