"That will enable the government to get on with the task of ratifying the treaties and allowing the economic benefits to start flowing into East Timor," said the chairman of the Joint Standing Committee on Treaties, Julie Bishop.
The proposed treaty was referred to the committee on treaties for review on June 25, and has received over 80 submissions.
An expert in the development of gas projects in emerging nations, Dr John Imle, said ratification should be slowed down so that East Timor could seek independent advice and hold public hearings.
"The present plan of development is a classic example of an uneven deal reached by uneven counterparts," Dr Imle said. "In my experience, this will eventually increase the political risk."
