Page 15 - Timor Gap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Timor-Leste plans LNG imports Timor-Leste's national oil company, Timor GAP, has awarded a contract to Wood Group to study the feasibility of LNG imports and construction of an LNG import terminal, it said on March 31.   The southeast Asian nation wants to convert its fuel oil-based power plants into gas-based ones. The country has three power plants at Hera, Betano and Oe-Cusse. They are equipped with Wartsila generators currently configured to fire on light fuel oil.  “The Wartsila generators have the capability for conversion to fire on natural gas,” the company said. “Convers...

About the Chuditch PSC Baron has a 33.33% interest in the shares of SundaGas (Timor-Leste Sahul) Pte. Ltd. ("SundaGas TLS"), the parent company of the Timor-Leste subsidiary holding the Chuditch PSC interest, with the remaining 66.67% being held by a subsidiary of SundaGas Pte. Ltd., a private E&P company based in Singapore. The sole asset of SundaGas TLS is its 100% shareholding in SundaGas Banda Unipessoal Lda., which in turn operates and holds a 75% interest in the Chuditch PSC, with the remaining 25% carried interest being held by a subsidiary of the Timor-Leste state oil com...

AIM-listed Baron Oil has provided shareholders with an update on the Chuditch PSC, offshore Timor-Leste. Technical work completed to date indicates an aggregate gross Mean recoverable prospective resource of greater than 3,500 BCF of gas (more than 580 MMBOE).

o  Includes request for minimum 12-month extension · Significant upgrade in estimated resources o  Gross Mean GIIP: 4,703 BCF o  Gross Mean Prospective Resources: 3,527 BCF o  Mean Prospective Resources net to Baron interest: 882 BCF     Baron has a 33.33% interest in the shares of SundaGas (Timor-Leste Sahul) Pte. Ltd. ("SundaGas TLS"), the parent company of the Timor-Leste subsidiary holding the Chuditch PSC interest, with the remaining 66.67% being held by a subsidiary of SundaGas Pte. Ltd., a priva...

Advertisement The development of a domestic security force in East Timor was a matter of "fundamental importance" to Australia's strategic interests, newly declassified documents released for the first time on Friday reveal. Cabinet papers from 2000 outlined post-independence security scenarios in documents marked AUSTEO - "for Australian Eyes Only" - which were considered by the Howard government's national security committee in August of that year. Cabinet papers from 2000 have been released by the National Archives of Australia. Credit:Alex Ellinghausen The passage of East Timor to indepen...