DILI: Woodside Petroleum has flagged interest in investing in the offshore gas production part of the Greater Sunrise Joint venture in the Timor Sea but not the onshore gas plant, according to the Australian Pipeliner.
DILI: Prime Minister Taur Matan Ruak has said he is committed to finding an alternative solution to finalise the outstanding nine positions within the government’s cabinet before the 2019 State Annual Budget Debate next month.
DILI: Parliamentarians will receive new vehicles, after National Parliament approved on Friday a US$2,665,000 budget to buy 65 new Mitsubishi cars.
DILI: Business owner Oscar Lima has been reelected as president of the Chamber of Commerce Timor-Leste (CCI-TL), opening the way for him to lead the private business representative body until 2022.
DILI: A parliamentary approved commission committee will audit state-funded projects across Timor-Leste before any payments are made, following a unanimous vote to implement the new system by the Council of Ministers on Wednesday.
DILI : The timing of the government’s multi-million dollar purchase of Conoco-Philips’ share in the Greater Sunrise Fields has been criticised by researchers at the think-tank Lao Hamutuk, who warned that the deal had been made amid uncertainty about the gas project’s future.
DILI:State programs could be derailed unless a standstill over the future of the government’s nine vacant cabinet positions is broken, the President of the Republic Francisco “Lú Olo” Guterres has warned.
DILI: At least 45 State projects scheduled for October 2018 payment do not have official work contracts, a Ministry of Public Works (MOP) investigation has found, as political pressure to introduce financial audits of all government-funded projects across Timor-Leste builds.
DILI: Timor-Leste has bought ConocoPhillips’ 30 per cent share in the Greater Sunrise oil field for US$350million, LUSA news broke on Friday.
DILI: Leaders of opposition parties have urged National Parliament to hold payment to State projects because of contract and quality concerns, in a letter requesting establishment of a financial audit investigation board.
DILI: The government has reached the point where ongoing budget delays are putting the wellbeing of Timorese people at risk, State Minister of the Presidential and Council of Ministers has warned.
DILI: Three senior nominated members for Timor-Leste’s ministerial cabinet are standing in solidarity with colleagues the President of the Republic rejected for government, refusing to be sworn in.
DILI: Timor-Leste’s government has questioned the priorities of the nation’s President after it was announced he would embark on an extensive international travel program before promulgating the 2018 State Budget.
DILI: Timor-Leste faces a period of greater unity amongst political parties after the government’s 2018 State Budget gained unanimous support in parliament on Friday, according to Prime Minister Taur Matan Ruak.