Timor-Leste: Timor Leste Considers Onshore Oil Block Auction at the End of 2014

Jul 16, 2014 | Macauhub
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Timor Leste (East Timor) is considering launching its first auction of onshore oil blocks at the end of this year, the Oil & Gas Journal reported.

The journal cited Timor-Leste’s Oil Minister, Alfredo Pires as saying that the government was looking into the possibility of auctioning onshore oil blocks at the same time as it its offshore auction.