The Finder Energy team was honoured to meet with His Excellency, President José Ramos-Horta, this week to discuss the Kuda Tasi and Jahal Oil Development project. During the meeting, the President expressed his full support for the project, which aims to start production as early as 2027.

The President's Media PR stated: 
"This development has a special national significance, as it will be the first oil project that is 100% sovereign and fully operational under Timor-Leste jurisdiction. President Ramos-Horta welcomes the initiative, highlighting its potential to generate significant revenue for the country through royalties and taxes, and reaffirming the importance of the oil and gas industry for economic stability and future growth of Timor-Leste. The President considers these new investments as a key element to guarantee Timor-Leste’s long-term economic future and to demonstrate the country’s capacity in attracting and facilitating large-scale projects in its energy sector."

Finder Energy looks forward to progressing this exciting project in partnership with the Government of Timor-Leste.

KeyFacts Energy: Finder Energy Timor-Leste country profile