𝐌𝐈𝐍𝐈𝐒𝐓𝐄𝐑 𝐌𝐎𝐍𝐓𝐄𝐈𝐑𝐎 𝐌𝐄𝐄𝐓𝐒 𝐖𝐈𝐓𝐇 𝐌𝐀𝐋𝐀𝐘𝐒𝐈𝐀𝐍 𝐀𝐌𝐁𝐀𝐒𝐒𝐀𝐃𝐎𝐑 𝐀𝐍𝐃 𝐏𝐄𝐓𝐑𝐎𝐒 𝐓𝐎 𝐃𝐈𝐒𝐂𝐔𝐒𝐒 𝐄𝐍𝐄𝐑𝐆𝐘 𝐂𝐎𝐎𝐏𝐄𝐑𝐀𝐓𝐈𝐎𝐍 𝐎𝐏𝐏𝐎𝐑𝐓𝐔𝐍𝐈𝐓𝐈𝐄𝐒

His Excellency the Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro, met with His Excellency Ambassador Amarjit Singh Sarjit Singh of Malaysia to Timor-Leste and representatives from Petroleum Sarawak Berhad (PETROS), led by Mr. Jeremy Wong, Vice President of Subsurface & Development, to explore potential cooperation in the energy sector in Timor-Leste.

Minister Monteiro welcomed PETROS’ interest and provided an overview of the Government’s strategy to develop the oil and gas sector through upstream exploration and downstream industrialisation. His Excellency highlighted Timor-Leste’s commitment to building enabling infrastructure that supports investment in refining, LNG, methanol, and helium, etc., in southern coast and encouraged partnerships that could bring technical expertise and long-term value.

The Minister also briefed the delegation on the outcomes of the Concept Select Study for the Greater Sunrise project, confirming that the Timor-Leste LNG (TLNG) option is technically viable and remains the most commercially viable development pathway. His Excellency reaffirmed the Government’s commitment to pursuing this option as a cornerstone of Timor-Leste’s future energy strategy.

Mr. Jeremy Wong introduced PETROS as a state-owned company established by the Government of Sarawak in 2017. He shared insights into the company’s rapid growth, outlining Sarawak’s integrated gas roadmap and infrastructure-led approach to industrial development. PETROS emphasized its interest in learning more about Timor-Leste’s regulatory and investment environment and exploring collaboration through its partnerships and technical capabilities.

Both sides acknowledged the potential for future cooperation and agreed to continue engagement to identify concrete areas of collaboration.