Timor-Leste Industrial Energy Storage Company

Where is East Timor located?

Located in the Timor Sea north of Australia, just 465 miles from Darwin, is the first new sovereign state of the 21st century – East Timor (also known as Timor-Leste).

Who is Timor resources?

One company set to play a pivotal role in the growth of the onshore oil and gas sector in Timor-Leste is Timor Resources, a privately-owned Australian oil and gas company backed by NEPEAN™, Australia’s leading privately owned engineering, mining services and industrial manufacturing organisation.

Will CO2 transport & storage demand grow in Timor-Leste?

“With CO 2 transport and storage demand only likely to grow, we will continue to work with the Timor-Leste and Australian governments to urgently progress the necessary regulatory and fiscal frameworks and approvals required to support the development of Bayu-Undan CCS,” Gallagher said.

Why is Timor focusing on oil & gas?

With a politically stable government (since 2001), the country has shifted its focus to onshore oil and gas activities to complement the significant exploration and development success achieved offshore in the Timor Sea.

Does Timor-Leste need infrastructure?

Referring to the need for infrastructure, the Timor-Leste Government has completed 60 per cent of the new freeway connecting the Timor -Leste petroleum corridor on the South Coast with the capital Dili. The proposed petroleum corridor will form the backbone of the Timor-Leste petroleum industry.

Does Timor resources have a permanent office in Dili?

Timor Resources has already provided employment for more than 550 Timorese local people during its seismic campaigns, as well as establishing an in-country presence, with a permanent office located in Dili, employing a group of highly experienced staff on a full-time basis, across the strategy, operations and finance functions.