
Greater Sunrise Gas Project Gains New Australia Push
Australia and East Timor agreed Wednesday to accelerate development of the long delayed Greater Sunrise gas project, with Prime Minister Anthony Albanese pledging to channel at least a third of Australia’s future revenue from the field into infrastructure funding for its smaller neighbour.
Albanese and East Timorese Prime Minister Xanana Gusmao made the commitment during talks in Dili, calling for the offshore gas project to move forward as quickly as possible after decades of political and commercial setbacks.
The renewed push comes as East Timor seeks to strengthen its economy and reduce reliance on dwindling oil revenues, while Australia aims …




