ANPM

AUTORIDADE NACIONAL DO PETRÓLEO E MINERAIS TIMOR-LESTE

To be a leading petroleum and mineral regulatory authority in the region

ANPM

Annual Report 2008

The year 2008 has been a very challenging year for the ANP- Timor-Leste. The ANP has grown both as an organization and as petroleum authority.

Preparation began in early 2008 for the establishment of the ANP and this include identifying key TL nationals expected to assume higher responsibilities. Upon the establishment of the ANP, Challenges mounted to the newly established organization as only a handful of experiences staff were left to administer highly professional petroleum operations. Further, the relocation of the ANP office to Palácio do Governo is another real challenge by its own. Significant resources were then allocated to ensure that all logistical and administration support was available, thus ensuring the smooth functioning of the regulatory authority.

During the year 2008, which is also known to ANP as the transitional year, the ANP maintain all the pre-existing operational activities undertaken both in the JPDA and the Timor-Leste exclusive Offshore Areas. Is pleased to share that despite all the hurdles inherited by the institutional changes as prescribed above, the ANP managed to ensure that all petroleum activities planned for the year are delivered in accordance with contract’s obligations and other legal framework in place.

ANP is a public Institution of Timor-Leste Government enlighten by the National Development Plan of Timor-Leste Government, and the Timor Sea Treaty will continue to make its best endeavour, despite all the challenges, to ensure the petroleum activities undertaken in its area of jurisdiction are regulated in accordance with world’s best practice in the industry, whilst ensuring greater participating of TL nationals in all process, and maximising benefits to Timor-Leste and Australia (in the case of JPDA)

 

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