Timor-Leste is one of the most petroleum-dependent countries in the world. The Oil & Gas sector has been the cornerstone of Timor-Leste's economic growth since its inception as a free nation.
Timor-Leste is on an economic growth path, with GDP increasing by 3.9% in 2025, positioning it as one of the fastest-growing economies in the Asia-Pacific region.
Strategic projects such as Greater Sunrise and Chuditch are central to sustaining petroleum revenues, strengthening energy security and creating opportunities for infrastructure development, local participation and capacity building.
The accession to ASEAN in 2025 strengthens Timor-Leste’s positioning as a prospective regional LNG supplier, particularly as Southeast Asia faces rising natural gas demand driven by energy transition policies and coal-to-gas switching strategies. In combination with sustained Australian demand and broader Indo-Pacific energy security considerations, Timor-Leste has the potential to develop into a key logistical hub within the region with increasing possibilities for the export of oil and gas to the rest of the world, positioning Timor-Leste as a key player in the global energy market.