The Republic of Timor-Leste Recognized Digital Energy Trading as a National Development Plan
ACCESSWIRE
15 Apr 2019, 13:07 GMT+10
NEW YORK, NY / ACCESSWIRE / April 14, 2019 / It is reported that on April 8, 2019, Dili time, the East Timorese Parliament proposed an energy digitization draft. The newly passed Renewable Energy Law draft emphasizes that while continuing to develop ecological energy, the speed of onshore wind power expansion should be limited so as to adapt to the lagging situation of power grid expansion and adjust the pace of energy transformation appropriately. Digital management of crude oil energy will be combined with the previous issuance of energy digital currency 'EOC' to increase global liquidity.
TIMOR GAP CEO Francisco, an East Timorese oil company, said: 'In terms of energy digitalization and intelligentization, we are developing 'energy digitalization' and 'energy bank.' Oil Token is the representative of Timor-Leste's oil digital development. It is very important to digitalize energy. It's like the telephone used to only make calls. To watch videos and movies, you need to use CDs or tapes. After digitization, everything can be done by a mobile phone. Therefore we have decided to digitalize and intellectualize energy.
SOURCE: TIMOR GAP
Subscribe and Follow
Get a daily dose of Orange County Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Orange County Sun.
More InformationYemeni citizen who lived in NYC sentenced after trying to join ISIS
NEW YORK, New York - In federal court in Brooklyn, New York, on Friday, Mohamed Rafik Naji was sentenced to ...
Trump's Choice For Pentagon Chief Backs Out
U.S. President Donald Trump has announced that acting Secretary of Defense Patrick Shanahan is withdrawing his nomination to lead the ...
Philippines to Bring Up South China Sea Tensions at ASEAN Meeting
UPDATED at 12:48 p.m. EDT on 2019-06-18Manila will bring up Beijing's continued aggression in the South China Sea when Southeast ...
Tanning industry uses cheap prices, promos to attract young people
Washington D.C. [USA], June 18 (ANI): Indoor tanning known to increase the risk of melanoma cancer lags in regulation while ...
'Hvaldimir,' The 'Russian Spy' Beluga, In Unsure Waters
A beluga whale that made headlines around the world after claims it was part of a Russian "special ops" force ...
HRW Warns Of Risks Of Bosnian Plan To Relocate Refugees In Tent Camp
BIHAC, Bosnia-Herzegovina -- Human Rights Watch says a plan by authorities in Bosnia-Herzegovina to relocate hundreds of refugees and asylum ...
Human civilization at a critical crossroad
At some point in the distant future, when alien lifeforms visit Planet Earth and find proof of its original race ...
Grisly deaths for 10 detainees in gang fight in Paraguay penitentiary
ASUNCION, Paraguay - Ten prisoners in a jail in Paraguay have been killed after a riot broke out on Sunday.Half ...
George Clooney Fraudsters Finally Caught in Thailand
PATTAYA, Thailand - Francesco Galdelli and Vanja Goffi had been dubbed as the Italian versions of Bonnie and Clyde.Both are ...
Indian Magician Disappeared After Doing a Houdini Trick in the River
KOLKATA, India– Chanchal Lahiri, a magician from India, disappeared in the Hooghly river after attempting to escape from a chain ...
American and Saudi Arabian militaries conduct exercises in Gulf
RIYADH, Saudi Arabia - The U.S. and Saudi Arabia militaries conducted joint drills in the Arabian Gulf on Sunday.The exercises ...
Bombings in Kenya, Somalia and Cameroon leave 20 dead
NAIROBI, Kenya - In a shocking weekend in East and Central Africa three separate attacks have claimed the lives of ...
