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East Timor President: Australia Stealing Our Oil

Australia has grabbed oil reserves which belonged to East Timor

East Timor President: Australia Stealing Our Oil

Australia has grabbed oil reserves which belonged to East Timor, the president of the republic Xanana Gusmao stated in an interview to Portuguese newspaper yesterday .

The disputable oil field in the Timor Sea is 90 miles (140km) from East Timor and 250 miles from Australia.

Gusmao said Australia was "using all the dirty tactics it can" to prevent East Timor from obtaining exploration rights to what he estimated was up to 5bn pounds worth of oil.
"They steal from us and then they hold conferences about transparency, anti-corruption," he reportedly said.
Australia has accused East Timor of trying to whip up sympathy and controversy while negotiations continue between the two neighbours on a maritime boundary.
East Timor has criticized Australia's refusal to take the dispute to an international court.

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