Timor-Leste’s Oil: Blessing Or Curse?
Timor-Leste’s revenue from oil and gas is rapidly declining due to diminishing resources and withdrawals from the Petroleum Fund for infrastructure projects. However, following recent negotiations with Australia, there is a window of opportunity for long-term sustainable development.
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Format: | Commentary |
Language: | English |
Published: |
2018
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Online Access: | https://hdl.handle.net/10356/87352 http://hdl.handle.net/10220/44442 |
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Institution: | Nanyang Technological University |
Language: | English |
Summary: | Timor-Leste’s revenue from oil and gas is rapidly declining due to diminishing resources and withdrawals from the Petroleum Fund for infrastructure projects.
However, following recent negotiations with Australia, there is a window of opportunity
for long-term sustainable development. |
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