The Minister of the Timor Sea Peter Galbraith said yesterday though the Timor Gap negotiations seemed slow, the results at the end would be more certain.
“We don’t want to rush things through and at the end disappoint the people. Many important decisions are yet to be made,” said Galbraith.
Galbraith said the Timor Lorosae negotiating team would not accept the 1989 agreement between Indonesian and Australia on the Timor Gap.
“We have already made a clear commitment not the accept the 1989 agreement,” added Galbraith.
Galbraith stressed that that it was more important for the Timorese leaders to develop the economy based on existing resources rather than wait for the future income from oil and gas in the Timor Sea.
“What I’m emphasising is that though the future of Timor Lorosae is bright with future oil and gas revenue from the Timor Sea, however, the country must work together with Australia in technical aspects for oil and gas exploration.”
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