The East Timorese President Jose Ramos-Horta has arrived in Australia as an official guest of the Albanese government after a diplomatic stoush over a deadlock between the East Timorese government and the Australian energy producer Woodside over the Greater Sunrise gas fields.
The fields are located approximately 450 kilometres (280 miles) northwest of Darwin and 150 kilometres south of Timor-Leste. It is estimated to be worth around $70 billion (US$50 billion) and holds around 226 million barrels of gas.
It has also been an ongoing point of contention between the Australian and East Timorese governments since 2004. Currently, the East Timorese government wants the pipeline from the field to run to an East Timorese coastal port. However, Woodside Energy has argued that the pipeline should run to Darwin….
Source: The Epoch Times
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