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Subject: East Timor threatens to scuttle gas development
http://www.abc.net.au/news/stories/2010/03/13/2844921.htm?section=business
ABC
East Timor threatens to scuttle gas development
Posted Sat Mar 13, 2010 11:00am AEDT
East Timor's president Jose Ramos-Horta says his country is serious
about making sure its interests are not ignored in the development of the
Greater Sunrise Gas field.
East Timor's government wants the gas processing plant built in East
Timor.
The field's developer Woodside says it will soon make a choice between
building a floating plant in the Timor Sea or a pipeline to Darwin.
Dr Ramos-Horta says it is possible East Timor will not allow the
development to go ahead.
"If it's an arbitrary decision that we know is politically
motivated, based on prejudices about a small developing country - if the
decision is based on that and seems like it's based on that rather than
technical and commercial considerations - then obviously we can not
agree," he said.
"For Australia, one pipeline more, one pipeline less to Darwin -
it wouldn't make a terrible difference.
"But to Timor, it would ensure its prosperity into the future.
"So this is a political question. It's a moral, ethical question
besides the commercial consideration."
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