Offshore Non-living Resources Potential in Timor-leste

OFFSHORE NON-LIVING RESOURCES
POTENTIAL IN TIMOR-LESTE
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Presented by:
José Gonçalves
Autoridade Nacional do Petróleo e Minerais (ANPM)
CONTENT
¢  Introduction
¢  Offshore
Non-Living Resource
¢  Challenges & Opportunities
¢  Conclusion
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WHO WE ARE : A BRIEF LOOK AT THE INSTITUTIONAL
DEVELOPMENT
PROCESSES
Exclusive Area – Timor-Leste
(Onshore and Offshore)
Joint Development Area
between Timor Leste and
Australia
2003 – June2008 – Timor Sea
¢ 
2002 – 2004 – National Directorate for
Energy, and Mineral Resources
(EMRD)– Ministry of Economic and
Development
¢ 
2005 – 2006 – National Directorate for
Oil, Gas and Energy (OGED) – SoS for
Minerals and Energy Policy
¢ 
2007 – June 2008 – National
Directorate for Petroleum and Gas
(DNPG) – SoS for Natural Resources
and
Energy Policy
Autoridade
Nacional do
Petróleo
(ANP) 01 July 2008
– (Decree
Law no. 20/2008)
MINISTRY
OF
PETROLEUM
AND
MINERAL
¢ 
¢ 
¢ 
Designated Authority (TSDA) – Joint
Commission of Australia and Timor
Leste
Autoridade Nacional do Petróleo e Minerais (ANPM) 09 February 2016 –
RESOURCES (MPRM)
(Decree Law no. 1/2016)
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WHAT WE DO
¢ 
Managing and regulating petroleum and mining activities in TimorLeste area, both offshore and onshore and in the Joint Petroleum
Development Area (JPDA)
¢ 
Establish and supervise compliance with the enacted rules and
regulations covering the exploration, development, production,
transportation and distribution of petroleum and natural gas
resources
¢ 
Establish and supervise compliance with the enacted rules and
regulations covering the exploration, development, operations and
closure of mining activities
¢ 
Develop a strong petroleum and mineral management institution in
Timor-Leste
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OFFSHORE NON LIVING RESOURCES
¢ 
Marine placer deposits
— 
— 
¢ 
Fluvitile placers
Beach placers
Marine phosphorite deposits
— 
Phospate
¢ 
Marine evaporite deposits
¢ 
Marine hydrocarbon deposits
OWNED BY
Marine Polymetallic Sulphides (PMS)
STATE OF
(Liquid
hydrocarbon
and
naturalTHE
gas)
—  Pyrite, bornite,
galena/lead
sulphide and native
gold.
¢ 
Marine manganese nodules and crusts
— 
— 
¢ 
RDTL
Iron and manganese oxides (nickel, copper and cobalt)
Marine gas hydrate deposits
— 
¢ 
Calcium sulphides, sodium and magnesium salt bearing minerals
methane
Marine hydrocarbon deposits
— 
Liquid hydrocarbon and natural gas
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OFFSHORE MAJOR HYDROCARBON POOLS OF
THE TIMOR SEA REGION
¢ 
¢ 
¢ 
¢ 
¢ 
Proven
hydrocarbon
provinces
Exploration and
production is
ongoing in the
area
All exploitation is
from Jurassic
reservoir
There are
potential for
resources at
Triassic section
Ongoing studies
to further
understand
Triassic
potentials
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HYDROCARBON POTENTIALS IN TIMOR-LESTE
AND JPDA
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HYDROCARBON POTENTIALS IN TIMOR-LESTE
AND JPDA
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Timor-Leste Reserves volume and prospective
resources
9
Timor-Leste Oil & Gas Attractiveness
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CHALLENGES TO UNLOCK THE POTENTIALS
¢  Attracting
Investors in the current oil price
environment
¢  Legal framework
¢  Infrastructures
¢  Geological
and Supporting services
and Geophysical data and information
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OPPORTUNITIES
¢  Large
open acreage for exploration
¢  Better/Cheaper
¢  Potential
improved technology
tertiary plays
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CONCLUSION
Timor Leste’s offshore non living resources potential is yet to be fully
developed.
¢ 
Offshore hydrocarbon deposits has been developed and more
potential are there to be further developed.
¢ 
¢ 
Non hydrocarbon deposit resources potential are yet to be explored.
¢ 
Sufficient potential to attract investment in this sector
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Obrigado
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Charlton,
2002a
Mineralised Areas Identifed to date:
•  Illimanu Marble, Chromite & Quartz Veins
•  Vemasse Copper-Manganese
•  Manufahi Placer Deposits .etc…
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