Description

A presentation delivered by petroleum engineer GAMcKee at the Timor Sea Petroleum Semina, held in Dili, East Timor, March 23, 2002, only three months before Independence Day on May 20, 2002. New and controversial information concerning maritime law, the value of Timor Sea resources, and onshore LNG possibilities, was donated to the people of East Timor by Oceanic Exploration Company and their Portuguese subsidiary PetroTimor Companhia de Petroleos S.A.R.L In 1974 Portugal awarded these companies a petroleum exploration concession covering the entire Timor Sea, down to the median line between East Timor and Australia. In response to this seminar the Australian government hastily executed its pre-planned "get out of jail" card. This was a unilateral withdrawal from voluntary maritime dispute resolution procedures of international law. See media report at http://www.smh.com.au/articles/2002/.... And see more of the presentations delivered at the semina at http://www.petrotimor.com/.