After more than two years of a maritime boundary dispute, Australia is expected to conclude a A$5 billion deal with East Timor from joint production of natural gas in the Timor Sea. According to The Australian newspaper, the Australian Cabinet has established the benchmarks for offering a greater share of the revenue from the massive…
AUSTRALIA: Gas production deal with East Timor expected to proceed
Posted on September 6, 2004 by EnergyAsia