Revenue agreement clears another hurdle for Sunrise

REPORTING from a Dili-based journalist suggests that a secret deal has been reached to provide up to 80% of revenue from the Timor Sea’s Greater Sunrise oil and gas field to East Timor.

Revenue agreement clears another hurdle for Sunrise Revenue agreement clears another hurdle for Sunrise Revenue agreement clears another hurdle for Sunrise Revenue agreement clears another hurdle for Sunrise Revenue agreement clears another hurdle for Sunrise

Xanana Gusmao

As reported in the Sydney Morning Herald yesterday, Portuguese news agency Lusa quoted a confidential source familiar with "sensitive and high-level negotiations" between Dili and Canberra.