Mr Ramos-Horta said that he supported the pipeline plan as opposed to the floating LNG (FLNG) processing option previously selected by the Greater Sunrise joint venture participants, led by Woodside Petroleum, but that he had yet to see the costs and environmental impacts of such a plan.
“The concern about the FLNG is it is untested technology to be still built up in Korea, while the pipeline has been there for decades,” Mr Ramos-Horta said.
“Let’s sit down to scrutinise every item of cost of the various options, and see what makes real commercial sense for all of us, for Australia as a country that owns part of this Sunrise resource, for Timor-Leste, and for those who are putting their money there – and these are the companies.”
The FLNG development concept selected by the joint venture would produce approximately 4 MMt/a of LNG for export from the Timor Sea.
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