Petroleum Revenue

TIMOR SEA DESIGNATED AUTHORITY

Petroleum related revenue - All Projects


FTP = First Tranche Petroleum under article 7.9 of of JPDA PSC 03-12 and PSC 03-13

*** Prior to the Timor Sea Treaty entering into force, petroleum revenues were shared equally between Australia and Timor Leste
The table above reflects the prior revenue sharing arrangement and the amended arrangement pursuant to the Timor Sea Treaty.

*** This table has been updated to reflect administrative differences between the Designated Authority and Banking Payment Authority. For further information please contact the Finance Officer in the Dili Office on 3317216 ext 117.