Following the entry into force of the Decree-Law No.62/2023 of 6th September 2023, the 3rd amendment of Decree-Law No. 20/2008 of 19th June 2008 (the Amended Decree-Law), the then Autoridade Nacional do Petróleo e Minerais (ANPM) has now been changed to the Autoridade Nacional do Petróleo (ANP).
The ANP remains responsible for managing and regulating upstream and downstream petroleum activities in the Timor-Leste area, and in the area governed under the Greater Sunrise Special Regime provided in the Maritime Boundary Treaty between Timor-Leste and Australia. These include the supervision and the regulation of, among others: (a) Carbon Capture, Utilization and Storage (CCUS) (b) Production, storage, transport and marketing of hydrogen and other related activities, (c) Production, storage, transport and marketing of synthetic fuels and other related activities in accordance with the amended Decree-Law, the Timor-Leste Petroleum Activities Law, Maritime Boundary Treaty.
ANP remains committed to honoring its obligations under the existing contract. An internal legal administrative process will be undertaken to notify all the parties of the respective changes. We look forward to working collaboratively with all entities, including but limited to contractors, operators, service providers, national and international oil companies, and all relevant stakeholders involved in promoting the development of the petroleum sector in and for Timor-Leste.
Should you have any question please contact Mr. Alberto Soares Menezes, Legal Officer via e-mail