Reuters - Mon Apr 12, 2010 2:46am EDT
JAKARTA, April 12 (Reuters) - East Timor's government on Monday reiterated that it will not approve plans by Australia's Woodside Petroleum (WPL.AX) to pipe gas from the Greater Sunrise gas field to Darwin or a floating gas processing facility.
"The country is firmly committed to building an onshore petroleum industry, inclusive of a pipeline to Timor-Leste from the Greater Sunrise field and are equally committed to protecting Timor-Leste's resources for the benefit of all future generations," Secretary of State Agio Pereira said in an emailed statement.
Dili said in January it would not allow Woodside's proposal to pipe the gas away from East Timor to proceed.
An official from Malaysian state oil firm Petronas [PETR.UL] said in January it had been advising the East Timor government on development of the lucrative gas field, which is estimated to hold 5.13 trillion cubic feet of gas and 226 million barrels of condensate.
However, Dili said in February that the downstream development rights had not yet been awarded to Petronas nor Woodside nor any other company.
Under a treaty signed in 2007 by the East Timor and Australian governments, any development of the Sunrise field must be approved by both governments. (Reporting by Sunanda Creagh; Editing by Sara Webb)
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JAKARTA, April 12 (Reuters) - East Timor's government on Monday reiterated that it will not approve plans by Australia's Woodside Petroleum (WPL.AX) to pipe gas from the Greater Sunrise gas field to Darwin or a floating gas processing facility.
"The country is firmly committed to building an onshore petroleum industry, inclusive of a pipeline to Timor-Leste from the Greater Sunrise field and are equally committed to protecting Timor-Leste's resources for the benefit of all future generations," Secretary of State Agio Pereira said in an emailed statement.
Dili said in January it would not allow Woodside's proposal to pipe the gas away from East Timor to proceed.
An official from Malaysian state oil firm Petronas [PETR.UL] said in January it had been advising the East Timor government on development of the lucrative gas field, which is estimated to hold 5.13 trillion cubic feet of gas and 226 million barrels of condensate.
However, Dili said in February that the downstream development rights had not yet been awarded to Petronas nor Woodside nor any other company.
Under a treaty signed in 2007 by the East Timor and Australian governments, any development of the Sunrise field must be approved by both governments. (Reporting by Sunanda Creagh; Editing by Sara Webb)
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