East Timor energy storage project put into operation

What are the barriers to the CCS project offshore East Timor?

Robertson said there were several barriers to the CCS project offshore East Timor, also known as Timor Leste, proceeding. Including, firstly, a long and expensive pipeline will need to be built to ship the carbon dioxide (CO2) from Barossa or the LNG facility in Darwin, northern Australia, to Bayu Undan.

What will happen to East Timor's Oil and gas revenues?

East Timor’s revenue from Bayu Undan oil and gas was more than $170 million per month during the first quarter of 2022, but those revenues will disappear once Santos shuts down production, which it is aiming to do as fast as possible.

Is East Timor interested in solar power?

East Timor President José Ramos-Horta told The Associated Press in an interview in Dili last week that his country is interested in exploring various types of renewable energy sources, including wind, sea and especially solar power. “We have plenty of sun,” he said, adding that the cost of solar technology continues to fall.

Will Santos bury carbon dioxide under ageing gas fields in Timor-Leste?

Australian energy giant Santos has signed a deal with Timor-Leste authorities to advance a project designed to bury carbon dioxide beneath ageing gas fields in the Timor Sea.

What will East Timor do with the Bayu Undan CCS hub?

Ultimately, East Timor hopes to generate a storage fee and acquire carbon credits for the proposed Bayu Undan CCS hub.

Does Santos have a partnership with Timor-Leste?

(WO) – Santos and its Bayu-Undan joint venture partners have signed a Memorandum of Understanding (MoU) with Timor-Leste’s national oil company, TIMOR GAP, to explore partnership opportunities for the proposed Bayu-Undan carbon capture and storage (CCS) project offshore Timor-Leste.