Word: timor
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...EAST TIMOR: If this issue takes many years to resolve, there will be no oil and gas resources left for us in the disputed areas. Why don't you stop exploiting those fields? And please stop issuing new exploration licenses...
AUSTRALIA: That's wrong, because this area is unique. The 1958 U.N. Convention on the Continental Shelf is the guiding principle. The sea bed in the Timor Sea has a huge steep cleft called the Timor Trough - 550 nautical miles long, 40 n. mi. wide and as deep as 3,000 m. The two countries sit on different shelves...
...EAST TIMOR: That's a poor argument. If you had not pulled out of the International Court of Justice for disputes of this kind, we could have legal arbitration that would determine the validity of the two claims...
...EAST TIMOR: So why don't you speed up these talks so that we meet monthly instead of twice a year...
...EAST TIMOR: But if you want to negotiate in good faith, you have to show restraint. There is a real possibility that when the boundaries are eventually settled, the resources will be gone. If you do not hold the revenue in trust, you are denying us the potential enjoyment of our rights when our claim is upheld...