AGP Executive Report
Last update: 7 hours agoOffshore Energy & CCS: Santos says it has completed front-end engineering for Bayu-Undan CCS in Timor-Leste, targeting up to 10 million tonnes of CO2 per year and seeking fiscal and regulatory approvals with the Timorese government, with Barossa as the anchor tenant. Climate Risk for Power Assets: A Zurich Insurance report warns 75% of Southeast Asia’s renewable generation sites (excluding Timor-Leste) face severe climate risk by 2030, arguing for about US$13 billion in resilience spending to cut losses by 40–50%. ASEAN Integration & Policy: Timor-Leste PM Kay Rala Xanana Gusmão’s Vietnam visit and ASEAN Future Forum 2026 in Hanoi highlight deeper cooperation with Vietnam, plus Vietnam’s NA chairman backing favourable conditions for signing and implementing bilateral agreements. Regional Energy Planning: A TransitionZero study on the ASEAN Power Grid notes momentum is building but cross-border projects still face regulatory and technical hurdles, with Timor-Leste lacking available data. Blue Economy & Ocean Week: Timor-Leste’s National Ocean Week 2026 runs through World Ocean Day (8 June), featuring ocean conservation, marine education, and Blue Economy events led by the tourism and environment ministry. Infrastructure & Construction Links: Timor-Leste’s petroleum minister says China-focused infrastructure matchmaking at the 17th IIICF is being used to connect for South Coast projects like a Suai supply base and highway.
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