Australia/Timor-Leste: Australia, East Timor Agreement over $50 Billion Oil and Gas Field

Feb 26, 2018 | Lindsay Murdoch, Sydney Morning Herald
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Australia and East Timor will sign a landmark agreement aimed at opening the way to share revenue from the $50 billion Greater Sunrise oil and gas field in the Timor Sea at the United Nations next week. But intense negotiations have so far failed to settle how the field could be exploited by a Woodside Energy-led consortium.