East Timor president says massive gas project development close to deal

Ramos-Horta predicts Greater Sunrise field agreement could be signed in July

East Timor President Jose Ramos-Horta speaks during an online interview on June 11. He said a deal to develop the Greater Sunrise gas field between his nation and Australia might be finalized next month.

TOKYO/SYDNEY -- An agreement to develop the large, untapped gas reserves between East Timor and Australia is close to being signed, according to the president of the Southeast Asian nation, in a boost to the country that saw its last producing field cease operation in 2025.