PERTH: Timor Leste's president is confident that what he described as a new era of goodwill between his country, Canberra and Australia's Woodside Energy will finally unlock the development of a major gas project after decades of delays.
Woodside and Timor Leste agreed last week to study a five million metric tonne project at the Greater Sunrise fields, an area containing an estimated 5.1 trillion cubic feet of gas that Australia has been discussing, initially with Indonesia, since the 1980s.
