Timor-Leste: A $50 Billion ‘Breakthrough’ for Timor-Leste?

Sep 4, 2017 | Anthony Fensom, Diplomat
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Timor-Leste and Australia have praised an “historic” agreement over their longstanding boundary dispute in the Timor Sea. For the oil-dependent Southeast Asian nation, the deal could be key to unlocking an area containing oil and gas deposits worth an estimated $50 billion.