Australia is offering Timor-Leste a multibillion-dollar lifeline to fast-track the Greater Sunrise offshore gas project, which promises generational wealth for the fledgling nation while keeping Beijing at bay.
Timor-Leste Prime Minister Xanana Gusmao with his Australian counterpart, Anthony Albanese. AP
Australia has offered Prime Minister Xanana Gusmao’s government a sizeable package of incentives that would effectively give Timor-Leste 90 per cent of revenue from the project.
Senior diplomatic and government sources say ensuring the development of the long-stalled , 450 kilometres…
