Australia, East Timor plan to reach maritime border deal by Sep

By LNG World News Australia and East Timor plan to sign a deal on maritime border by the end of September, ending a long-running dispute between the two countries that has stalled the Woodside-operated $40 billion Sunrise LNG project.
The LNG project stalled due to disputes between the two governments on the maritime boundaries, as East Timor (Timor-Leste) argued that a larger portion of the Greater Sunrise assets should be under its jurisdiction.
The assets include the Sunrise and Troubadour gas and condensate fields, collectively known as the Greater Sunrise fields, located approximately 150 kilometers southeast of Timor-Leste and 450 kilometers north-west of Darwin, Northern Territory.
After

Read Full Article Here

For more great articles: LNG World News

(Visited 12 times, 1 visits today)

Comments

comments

Tagged: , ,