ANPM Extend Timor-Leste Second Licensing Round
Given the situation of the recent global pandemic that has affected the petroleum industries globally, which have directly impacted the ANPM efforts in the promotion of the Timor-Leste second licensing round, and further considering the gradual global recovery of the petroleum industries, therefore, the Autoridade Nacional do Petroleo e Minerais (ANPM) has decided to extend the timeline of the closing of the bid submission from October 1, 2021 to March 04, 2022. This extension has resulted in the new deadline of the Pre-qualification document submission shall be January 14, 2022 and the new date for the opening for the submission of the bid is January 24, 2022. This extension is expected to provide further additional time for the interested International Oil and Gas Company (IOC) and the National Oil Companies, and independent players to carry out their preparations including carrying out internal studies and technical assessments prior to submitting the bids.
It is also expected that through the newly extended timeline, the ANPM will also participate in again several international conferences such as the 2021 NAPE and the the 2021 OTC, in Houston, United States of America, the 2021 Gastech Asia and the 2021 ADIPEC and many more relevant international events in order to further promote the Timor – Leste Second Licensing Round.