The Australian | Australia yields on East Timor 'oil treaty' The Australian Australia has agreed to negotiate permanent maritime boundaries with East Timor to settle a dispute over bitterly contested oil reserves in the Timor Sea, accepting the tiny nation's right to tear up a 2006 treaty at the centre of spying allegations ... East Timor to tear up oil and gas treaty with Australia Timor-Leste maritime boundary, oil revenue deal to be renegotiated East Timor tears up oil and gas treaty with Australia |