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Items filtered by date: Monday, 21 January 2019
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Monday, 21 January 2019 15:16

Lu Olo Promulgates Rules To Use Petroleum Fund to Buy Sunrise Gas Shares

Mina Timor

DILI: The President of the Republic has approved a government bid to increase access to its petroleum fund for a $650 million buyout of ConocoPhillips’s and Royal Dutch Shell holdings in the Greater Sunrise gas project, a bid he had vetoed in December but had strong parliamentary support.

Published in National
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