George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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The locals sort their issues and we could re rate without doing a thing, Woodside Sunrise on its books for $0.00c, our Chuditch given zip value for its gas also.
Woodside and TL forge a way forwards and it will return to their books at hundreds of millions as it use to be, Sunrise mothballed care and maint since 2004, value written down, year on year until 2018 when made $0.00c
Return of gas value to Woodside in Timor Leste maritime area = value attributed to Chuditch at last also. GLALTH
Filthy , yes should have a much clearer picture all round next month, Australia/Woodside , China BRI CNOOC? that MOU with TL Ministry of P&I , Metinaro FID and perhaps , who might be involved with the supply chain , hopefully us/Chuditch.
Not to mention those UAE, Kuwait and other offers of yet to be amplified (for what) financial assistance.
All coming to a head, 2 major Island projects front and centre and Chuditch in the right place and drilling at the right time, as that man use to say " I love it when a plan comes together "" π
VT. Second preparatory meeting. This and China meeting make April quite a month.
Dili, 27 March 2024
As part of the preparatory meeting for the upcoming Senior Official Meeting (SOM) between Timor-Leste and Australia, the Directorate General of Bilateral Affairs for Asia and Oceania holds the first meeting at Director General level intra-Ministry of Foreign Affairs and Cooperation, to discuss about aspects of cooperation at bilateral, regional and global between the two countries.
The meeting was chaired by Marcos da Costa, Director General for Bilateral Affairs for Asia and Oceania and participated by Director General for ASEAN Affairs, Director General for Protocol and Consular Affairs, National Director for Western Asia and Oceania, National Director United Nations, National Director for Privilege and Immunity, Acting Executive Director for Timor-Lesteβs Agency for Cooperation and staff.
Destiny awaits
Kelp 10.5 - 14.5 tcf Discovered by (Exxon)Mobil 1998 - No work done for many, many years.
Kitan & Bayu Undan - Depleted
Greater Sunrise , Sunrise 5 tcf Gas and co located Troubadour 240mb condensate - Tasi Mane Southern Project, Beaco Gas/LNG Exports and Betano Oil refinery (Troubadour)
Chuditch - Metinaro domestic 90-120 day supply security Gas/LNG Import terminal. WHAT ELSE DO THEY HAVE !!!
π°πππππβπ¨πβπ¨
Tick , Tock , all those projects now on the clock. π
The FEED study is conducted by Tripatra Engineering consultant under a contract celebrated with TIMOR GAP, and the FEED study will be concluded by December 2023 or by latest on the first quarter 2024. (Jan-Mar)
https://www.linkedin.com/posts/timorgap_english-news-update-9-june-2023-activity-7074198156971782144-KJa4?trk=public_profile
LNG Import Terminal Project (Metinaro)
(Regasification)
Completed LNG Import Terminal Pre-Feasibility Study.
Completed LNG Import Terminal Feasibility Study.
Completed Land Title Identification and Publications.
Completed Feasibility Study.
Ongoing FEED Study.
https://www.timorgap.com/wp-content/uploads/2023/09/TIMOR-GAP-ACHIEVEMENT_2020-2023-English.pdf
That was released months ago , news must be close.
Have always seen the timelines for the Drilling of Chuditch and the TL sdp 2011-2030 Domestic supply Northern project as made for each other and as the Gas would go to TL (fits their all to the Island agenda) Sundagas FPSO plan imo will be supported and give the first ever YES you can by the demon duo.......... GLALTH.
2024 Drill Chuditch - by 2025/26 Build Metinaro Gas/LNG Import terminal plus 90-120 day tank farm. By the time Metinaro fully operational , all 3 currently diesel power stations converted to Gas/LNG supply. Cheap and stable lekky supply for all Timorese (PM Rauk parliament speech implementing project and split from Beaco Southern project 2021)
If it walks like .................. GLALTH.