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Rodent

East Timor To Be An O&G Player

Rodent in Geopolitics

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Rodent    + 1,424

Rodent

(edited)

"East Timor, one of the world's poorest countries, could still be an economic success story despite reports its main oil and gas fields will run dry by 2022 and it will go bankrupt by 2027, its former leader says."

etimor_position.gif

Listen up, Nigeria! This is how you do it. East Timor has a $16bn sovereign wealth fund from O&G after investing 100% of their oil revenues in recent years. Uh... wha--what?

Edited by Rodent

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