DEVELOPING TIMOR LESTE’S OIL RESOURCES: AT WHAT COST?
Timor Leste oil and gas fields, Nov 2011. Wikimedia Commons
By Vijayalakshmi Menon
Timor-Leste’s recent action to acquire the majority stake in the joint venture that was to develop the oil and gas in the Greater Sunrise field, gives it a greater say on the controversial issue of the location of the pipeline. However, questions remain about the source of the massive funding required for the project.
First published in: RSIS