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 StatesAustraliaChinaIndonesiaJapanNorth KoreaSouth KoreaKyrgyzstanMyanmarSingapore

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 00:18:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2383 words

Reading Time: 14 minutes read

Sentences: 116 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © The Diplomat

News ID: 23876551

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Official Website: thediplomat.com

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