Assist Goverment of Timor Leste to manage petroleum activities in such as way that petroleum delivers the greatest possible benefit to the people
The project would like to increase the competence and capacity in Timor Leste such that the public sector can manage all petroleum activities specifically in technical,legal and health, HSE compliance and reveneu management
• NPA functions well as regulatory authority, covering both upstream and downstream activities • Petroleum tax division of MoF controls tax revenue professionally • Fiscal policy is sound and recognised internationally as such • Petroleum fund is managed well and soundly invested • Conformity with the EITI principles is recognised internationally • Adequate numbers of Timorese staff are available to carry out most tasks without major use of external resources
