TIMOR SEA DESIGNATED AUTHORITY
Petroleum related revenue - All Projects
| Total FTP Received | Total FTP Distributed | Timor Leste | Australia | | Total Balance 2000-2004 | 22,516,633.06 | 22,516,633.06 | 13,576,890.82 | 8,939,742.24 *** | Opening Balance 2005
| 34,347,223.32 | | | | | Jan 2005 | 4,876,842.64 | 34,347,223.32 | 32,295,425.12 | 2,051,798.20 | | Feb 2005 | 3,983,996.67 | 4,876,842.64 | 4,389,158.38 | 487,684.26 | | Mar 2005 | 8,698,198.71 | 3,983,996.67 | 3,585,597.00 | 398,399.67 | | Apr 2005 | 6,849,520.03 | 8,698,198.71 | 7,828,378.84 | 869,819.87 | | May 2005 | 1,503,421.12 | 6,849,520.03 | 6,164,568.03 | 684,952.00 | | Jun 2005 | 4,099,845.92 | 1,503,421.12 | 1,353,079.01 | 150,342.11 | | Jul 2005 | 6,057,830.99 | 4,099,845.92 | 3,689,861.33 | 409,984.59 | | Aug 2005 | 6,949,108.37 | 6,057,830.99 | 5,452,047.89 | 605,783.10 | | Sep 2005 | 9,476,264.50 | 6,949,108.37 | 6,254,197.53 | 694,910.84 | | Oct 2005 | 9,793,794.67 | 9,476,264.50 | 8,528,638.05 | 947,626.45 | | Nov 2005 | 8,216,632.59 | 9,793,794.67 | 8,814,415.20 | 979,379.47 | | Dec 2005 | 7,039,288.86 | 8,216,632.59 | 7,394,969.33 | 821,663.26 | | Jan 2006 | | 7,039,288.86 | 6,335,359.97 | 703,928.89 | | Balance | 134,408,601.45 | 134,408,601.45 | 115,662,586.51 | 18,746,014.95 | | | | | | | | Total FTP Revenue | 115,662,586.51 | 18,746,014.95 |
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.
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