What does the Timor Sea Treaty say about a gas pipeline to Timor-Leste?
The Treaty explicitly allows for a pipeline to Timor-Leste. Who decides to which country the pipeline should go? Under the Treaty, the decision on a pipeline destination is left to the investing companies and subject to the approval of a Joint Commission, established under the Treaty. The companies – who are experts in petroleum development – are in the best position to determine which pipeline option will maximize the revenues for the project overall (and thereby maximise tax and royalty revenues for Timor-Leste). THE GOAL OF PETROTIMOR IS TO MAXIMIZE THE BENEFIT OF TIMOR SEA ACTIVITIES FOR TIMOR-LESTE, IN SUPPORT OF ITS 1974 EXPLORATION AND PRODUCTION CONTRACT. What factors affect pipeline decisions? Investing companies, when evaluating alternatives will look at technical feasibility, risk and costs. Based on these factors, is a pipeline to Timor-Leste possible? Most reports received by the Government of Timor-Leste so far indicate that, a pipeline to Timor-Leste is technically possi
