Download | |
Summary Information | |
---|---|
Full Title |
2003 Agreement between the Government of Australia and the Government of the Democratic Republic of Timor-Leste relating to the Unitisation of the Sunrise and Troubadour Fields |
Short Title / Abbreviations |
2003 Sunrise International Unitisation Agreement / Sunrise IUA |
CIL Subject Classification | |
Citations to Text | 2483 UNTS 317, [2003] ATNIA 6, [2007] ATS 11 |
Date of Adoption | 06/03/2003 |
Place of Adoption | Dili, East Timor |
Secretariat / Relevant Authority | |
Dispute settlement provisions |
“Article 26: Settlement of Disputes (2) Subject to paragraph (3), if a dispute cannot be resolved in the manner specified in paragraph (1) or by any other agreed procedure, the dispute shall be submitted, at the request of either Government, to an Arbitral Tribunal set out in Annex IV. (3) If a dispute arises concerning a proposal for a redetermined Apportionment Ratio pursuant to Article 8(1) or concerning the measurement, pursuant to Article 24, of quantities of gas and liquids, an expert shall be appointed by Australia and Timor-Leste to determine the matter in question. The two Governments shall, within 60 days of notification by either of them of such a dispute, try to reach agreement on the appointment of such an expert. If, within this period, no agreement has been reached, the procedures specified in Annex V shall be followed. The expert appointed shall act in accordance with the terms of Annex V. The expert’s decision shall be final and binding on both Governments and on the Sunrise Joint Venturers, save in the event of fraud or manifest error.” |
Annexes |
Annex I – Delineation of Unit Area and Unit Reservoirs Annex II – Legislation Applicable in the Unit Area as referred to in Articles 19, 20 and 21 Annex III – Petroleum Valuation Principles Annex IV – Dispute Resolution Procedure Annex V – Expert Determination Procedure |
Entry Into Force Status | Terminated |
Date of Entry into Force |
23/02/2007 |
Date of Termination |
30/08/2019 |
Entry into Force / Termination Provisions |
“Article 27: Entry into Force, Amendment and Duration (1) This Agreement shall enter into force upon the day on which Australia and Timor-Leste have notified each other in writing that their respective requirements for entry into force of this Agreement have been complied with. (2) This Agreement may be amended or terminated at any time by written agreement between Australia and Timor-Leste. (3) In the event of permanent delimitation of the seabed, Australia and Timor-Leste shall reconsider the terms of this Agreement. Any new agreement shall ensure that petroleum activities entered into under the terms of this Agreement shall continue under terms equivalent to those in place under this Agreement.” |
General Status | 2 Parties |
Links to Current Status/Reservations |
Australian Treaty Series
|
Status | |
ASEAN States | |
Brunei Darussalam | |
Cambodia | |
Indonesia | |
Lao PDR | |
Malaysia | |
Myanmar | |
Philippines | |
Singapore | |
Thailand | |
Vietnam | |
Related Instruments | |
Protocols / Amendments to this instrument | |
Related Instruments |
2002 Timor Sea Treaty between the Government of East Timor and the Government of Australia |
External Links |
Australian Treaty Series accessed on 08/07/2024 |