Exploration & Production

Politics clouds March deadline for Greater Sunrise

The impending fall of East Timor’s government is likely to push back the deal needed for the development of the Greater Sunrise gas fields The impending fall of East Timor’s government is likely to push back the deal needed for the development of the Greater Sunrise gas fields.
By Damon Evans 22 January 2018 0 29195
East Timorese President Francisco Guterres's inauguration ceremony. The inauguration of East Timorese President Francisco Guterres in Dili last May. (PA)

A UN-backed Conciliation commission has said it will engage directly with the Australian and East Timorese governments – as well as a joint venture led by Woodside Petroleum – to resolve outstanding matters relating to the Greater Sunrise gas fields.

As a result, the commission, the two governments and the joint venture have agreed to make a decision on the development concept for the project by 1 March 2018. But political uncertainty in Dili could derail the timeline, warned analysts. 

Since early 2017, The Hague-based...