tag:blogger.com,1999:blog-4865792164550550384.post5705005901932580818..comments2024-01-05T03:39:19.759+09:00Comments on La'o Hamutuk: LH asks Australia to respect Timor-Leste's sovereigntyTimor-Leste Institute for Development Monitoring and Analysishttp://www.blogger.com/profile/16199752710172148153noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4865792164550550384.post-5939854111991957262013-05-22T01:24:52.927+09:002013-05-22T01:24:52.927+09:00Given this statement in the TST, "Petroleum a...Given this statement in the TST, "Petroleum activities of limited liability corporations and other limited liability entities entered into under the terms of the Treaty shall continue even if the Treaty is no longer in force under conditions equivalent to those in place under the Treaty." and similar language in CMATS, even if you got Australia to agree to a median boundary, how much would it really matter?<br /><br />Wouldn't the hydrocarbon contracts still be locked in? Or does the contract remain but Australia no longer has a stake in the royalties? <br /><br />It just seems like these treaties were designed with the awareness that the maritime boundary situation may change and that protections were put in to insure oil companies against this.Anonymousnoreply@blogger.com