The government of Timor-Leste has awarded a new production sharing contract for an offshore exploration block across the existing Chuditch gas discovery.
The country's regulator - the National Petroleum and Mining Authority (ANPM) - signed the contract for Block TL-SO-19-16 with a joint venture between privately-owned SundaGas and national oil company Timor Gap.
The permit was awarded following direct negotiations and covers 3571.49
