Legislation
– TLEA Below are the laws that relevant to the petroleum operation in the TLEA: No. Decree Law Type Download 1. Tax and Duties Law (Law No.8/2008) Tetun | Portuguese | English 2. Environmental Licensing (Decree Law No.5/2011) Tetun | Portuguese | English 3. Petroleum Taxation Law (Law No. 8/2005) Tetun | Portuguese | English 4. Petroleum Fund […]
The Decree Law No.20/2008 gives the mandate to the ANP to regulate the Downstream Activities. In 2012 the Government of Timor Leste passed the Decree Law No.1/2012 to enable the ANP all phases of Downstream Petroleum Activities in Timor-Leste encompassing supply, trading, transportation, storing, processing, and marketing of petroleum products in Timor-Leste. The Downstream Decree […]
Timor-Leste Exclusive Area (TLEA) refers to the Territory of Timor-Leste as defined by the Constitution of the Democratic Republic of Timor-Leste and Law on Maritime Boundaries as amended from time to time, and Law No.1/2019 of 18 January, first amendment to the Law No.13/2019 of 2nd September on Petroleum Activities Law, The Laws provides that […]
The Timor Sea Treaty, signed between the Governments of Timor-Leste and Australia in 2002, established the Joint Petroleum Development Area (JPDA) in the Timor Sea. Under this Treaty, Timor-Leste and Australia control, manage and facilitate exploration and exploitation of petroleum resources in the JPDA, for the benefit of the peoples of Timor-Leste and Australia. Following […]