Onshore and offshore blocks offered at Timor-Leste Oil and Gas Summit

TIMOR-Lest Prime Minister Taur Matan Ruak and petroleum authority president Dino Da Silva started the Timor-Leste Oil and Gas Summit with a bang last week, opening the second licensing round in the nation's history with seven onshore and 11 offshore blocks up for sale.

Onshore and offshore blocks offered at Timor-Leste Oil and Gas Summit Onshore and offshore blocks offered at Timor-Leste Oil and Gas Summit Onshore and offshore blocks offered at Timor-Leste Oil and Gas Summit Onshore and offshore blocks offered at Timor-Leste Oil and Gas Summit Onshore and offshore blocks offered at Timor-Leste Oil and Gas Summit

Dili opens second-ever licensing round calling for investment

"We are calling for investment," Gusmao said. 

"Development of the petroleum industry is beneficial for all the people.