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Petroleum / Mining in East Timor

  • East Timor’s Oil Fund

    EAST TIMOR, 2013/02/26 East Timor’s Oil Fund grew by US$720.94 million in the fourth quarter of 2012 and ended the year with a total price of US$11.777 billion, said the East Timor Central Bank. The statement on the last three months of 2012, available on the East Timor Central Bank’s website and dated 12 February, said that the “capital of the fund increased from US$11.054 billion to US$11.777 billion.”