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Strypey
@strypey@mastodon.nzoss.nz  ·  activity timestamp 2 weeks ago

"So far, the oil proceeds have not led to significant diversification of the Timorese economy, or to much in the way of private sector development. Successive Timor-Leste governments have pinned their hopes on the Greater Sunrise liquefied natural gas field — estimated to have a potential worth of over US$33 billion— as the country’s economic saviour."

#GordonCampbell, 2025

https://www.scoop.co.nz/stories/HL2510/S00066/on-labours-cgt-the-governments-mean-spirit-and-timor-lestes-future.htm

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#TimorLeste #FossilFuels #EconomicDevelopment

https://www.scoop.co.nz/stories/HL2510/S00066/on-labours-cgt-the-governments-mean-spirit-and-timor-lestes-future.htm
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