Timor-Leste: East Timor Tears up Oil and Gas Treaty with Australia after Hague Dispute


Jan 9, 2017 | Henry Belot and Emily Stewart, ABC News
View Original

East Timor will tear up an oil and gas treaty with Australia that has been at the centre of espionage allegations, international arbitration and a bitter diplomatic dispute. The 2006 treaty relates to a temporary maritime border in the Timor Sea, and access to oil and gas deposits worth an estimated $40 billion.