Agreement Hailed in Timor Oil and Gas Dispute

Australia and Timor Leste have welcomed an agreement in their long-running dispute over oil and gas fields in the Timor Sea. The international Permanent Court of Arbitration has announced the parties have reached a deal following conciliation proceedings.

Pengeboran minyak di Laut Timor yang menjadi obyek perselisihan antara Australia dan Timor Leste Source: Supplied

While details will remain confidential until a number of remaining issues are resolved, both sides appear happy.