Our History

TIMOR GAP, E.P. was founded in 2011. Our mission is to act on behalf of the Timor-Leste Government in conducting business in the oil and natural gas sector through a combination of onshore and offshore investments. 

For over a decade, our company, and our country, have been committed to transparency and accountability in the energy industry. Timor-Leste was an early adopter of the Extractive Industries Transparency Initiative (EITI) – the global standard for the good governance of the natural resource extractive industry – reaching compliant status as early as 2010. As part of EITI, Timor-Leste is committed to disclosing information related to the energy industry, including how extraction rights are awarded, how revenues make their way through the government, and how the industry benefits the public.

Timor-Leste is known for its valuable natural resources, including the large deposits of oil and natural gas in the Timor Sea.

Looking ahead, Timor-Leste has plentiful untapped oil and gas resources both onshore and offshore and is committed to continued transparency for revenue from the petroleum and natural gas sector. 

Historically, our business has primarily focused on upstream operations. Our current strategy is focused on continuing to excel at upstream operations while also diversifying into labor-and capital-intensive downstream and services activities. Our overarching objective is to align the industrialization and diversification of the company with the economic development of the nation by supplying jobs, building out infrastructure and attracting new manufacturing and services partners.