AGP Executive Report
Last update: 30 minutes agoEnergy & Investment: Timor-Leste’s state oil firm Timor GAP is set to boost its control of the Greater Sunrise gas project, signing a binding deal to buy Osaka Gas’ 10% stake—lifting Timor GAP’s ownership to 66.56% and keeping Woodside at 33.44%—a move aimed at accelerating decisions on the Timor LNG concept. Climate Finance & Resilience: At an LDC ministerial meeting in Dili, East Timor, Nepal pushed for emergency support after the BhoteKoshi flood, while the LDC Group backed calls for more predictable, grant-based climate aid; Nepal also requested rapid financing from the Loss and Damage Fund. Regional Diplomacy: East Timor’s ties with Indonesia and broader regional engagement were highlighted after Prime Minister Xanana Gusmão met former Indonesian President Joko Widodo in Solo, focusing on jobs and economic development. ASEAN Agriculture Cooperation: The 9th ASEAN-India Agriculture and Forestry ministers’ meeting in New Delhi (Sept 9) will follow a working-group session, with Timor-Leste included as ASEAN’s newest member to translate long-running cooperation into farmer-focused outcomes.
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