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flag Australia and Timor-Leste agree to fast-track the Greater Sunrise gas project, with Australia funding a Timor-Leste revenue share.

flag Australia and Timor-Leste have renewed efforts to develop the Greater Sunrise gas field, agreeing to advance the project “as soon as possible” and establish an infrastructure fund to allocate at least one-third of Australia’s revenue from the project to Timor-Leste. flag The agreement, signed during Australian Prime Minister Anthony Albanese’s first visit to Timor-Leste, supports onshore LNG processing and strengthens cooperation in defense, border security, and economic development. flag Both nations are urging the Sunrise Joint Venture to submit a unified development plan based on a 2024 study, with Woodside Energy also exploring a greenfield LNG facility and helium extraction in Timor-Leste.

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