Posted inAT FinanceAustraliaIndonesiaOceaniaSouth AsiaTimor LesteWorld

Clouds part on ‘Greater Sunrise’ gas fields

Timor-Leste and Australia reached agreement on February 25 over revenue sharing of long-contested offshore gas fields at a Permanent Court of Arbitration session held in Kuala Lumpur. A formal treaty is expected to be signed on March 6 when the two parties meet in New York. The two countries have sparred for decades over control […]