Australia Holds the Key to a Fair Deal for Timor-Leste

Quick Summary:

Timor-Leste doesn’t have much, but it does have vast reserves of gas.

Should it be able to be extracted in the name of climate justice?

Promising high deposits of natural and condensate gas, Greater Sunrise is estimated to be worth an estimated $65 billion to $74 billion — potentially bringing the country $50 billion in revenue and $50 billion in development benefits.

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Article Details

Author / Journalist: Shannon Brincat

Category: Economy

Markets: United StatesAustraliaChinaIndiaIndonesiaJapanNorth KoreaSouth KoreaKyrgyzstanMyanmarSingapore

Topics: Sunrise Timor-leste Project Been Development Climate Economic Billion Greater Australia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 00:18:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2367 words

Reading Time: 14 minutes read

Sentences: 117 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23780032

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About The Diplomat

Main Topics: Economy

Official Website: thediplomat.com

Year Established: 2001

Headquarters: United States

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