Oil plan stalled as East Timor president vetoes state budget

Credit to Author: ggaviola| Date: Wed, 23 Jan 2019 11:48:08 +0000

  DILI, East Timor   — East Timor’s president has vetoed the government’s budget, possibly jeopardizing plans to develop the Greater Sunrise oil and gas field, seen by leading East Timorese politicians as crucial to the impoverished country’s future. President Francisco Guterres Lu Olo said Wednesday the 2019 budget agreed to by the parliament in December […]

The post Oil plan stalled as East Timor president vetoes state budget appeared first on Inquirer News.

Read more