Timor-Leste: Timor-Leste Could Be 'Architect of Its Own Demise', Gas Treaty Inquiry Told

Mar 15, 2017 | Australian Associated Press
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Timor-Leste’s decision to rip up a treaty with Australia on the carve-up of future revenue from Greater Sunrise oil and gas reserve in the Timor Sea could make it an “architect of its own demise”, experts have told a parliamentary inquiry. In January Timor-Leste announced it wished to terminate the treaty which split future revenue 50-50 with Australia and put a 50-year moratorium on a permanent maritime boundary.