Greater Sunrise JV to decide on LNG terminal, develop gas fields off East Timor

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A consortium of companies called the Sunrise joint venture plans to develop the Greater Sunrise gas fields in the waters of Timor-Leste or East Timor and resolve a long-standing issue of the location of an LNG export terminal, according to a joint statement from the project partners Feb. 6. The joint venture comprises Timor Gap with a 56.56% interest, the…