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Issue No. 149 | 23 August 2002 |
Our Historical Mission
Interview: Something Smells Cole-Watch: Credibility Crisis Unions: Union Cities Industrial: Lib Men Gang Up Against Working Mums History: Eureka! East Timor: Don’t Rob Their Future Review: Black Chicks Say It All Poetry: Self Regulation
Cole to Hear of Criminal Takeover Conspiracy ANZ Fined Over Freedom Of Speech Breach Qantas Union's Gorilla Tactics Shearers Black Ban Their Hall Of Fame Democrats Fire Shot for Workers Teachers Walk Out At Aust College of Technology Airport Security Worker Spat At And Assaulted CBA Workers Say Enough Is Enough Doco Dishes Dirt On Howard’s Gas Wrangle
The Soapbox The Locker Room Postcard Week in Review Bosswatch
Susan's Soccer Outrage
Labor Council of NSW |
East Timor Don’t Rob Their Future
But we all remembered what happen there in September 1999. Most Australians were horrified by the Indonesian army (TNI) sponsored militia violence and destruction. The country was systematically reduced to ash and rubble. And more than 70% of East Timor's infrastructure was damaged or destroyed. Many of you took to the streets in protest and you cheered when the Australian led Interfet intervened. You opened your hearts and wallets for the suffering East Timorese. And you did so because as Australians you believe in helping the underdog and giving them a fair go. Your support was unconditional. You did not expect payment in return for Australia's involvement. But Howard and Downer seem to have other plans--the Timor Gap oil and gas as payment. East Timor was forced to signed an unfavourable treaty with Australia on the day of their independence. Howard claimed Australia was generous by giving East Timor 90% of the share. However, the truth is East Timor is getting less than 40% of the oil and gas resources--resources that rightfully belongs to them. The Timor Sea Treaty, set up the JPDA--a joint petroleum development area that is much much smaller than the seabed boundary area East Timor under international law is entitled to have. Only resources within the JPDA are shared 90:10 in favour of East Timor. But the baulk of the oil and gas resources fall just outside the boundary of the JPDA. And although these resources belong to East Timor, Australia is claiming these resources as wholly Australian. There are three main oil and gas field involved: · Bayu-Undan--a gas field that lies wholly within the JPDA · Greater Sunrise--a much larger gas field to the east of Bayu-Undan--but only 20% of the field falls within the JPDA--Australia is claiming the remaining 80%. · Laminaria/Corralina--an oil field that is just outside the western border of the JPDA The estimated oil and gas reserve for the three fields is 3.3 billion barrels of oil equivalent (BOE). The estimated revenue is US$66 billion in present day value and the royalties--the total governments' take would amount to US$30 billion--between now and 2050. But East Timor's share is only 1.3 billion barrels or less than 40% even though the resources belong to them. And East Timor will also miss out on the industrial spin-off worth millions of dollars and thousands of jobs because the gas will be piped to Darwin instead of East Timor. Howard and Downer also decided early this year to shoot the referee by withdrawing from the jurisdiction of the International Court of Justice dealing with maritime boundary dispute. This means East Timor will be forced to negotiate directly with Australia over any seabed boundary dispute between the two countries. This David and Goliath battle clearly disadvantage East Timor--the poorest country in Asia. East Timor's entire budget for the year 2002-2003 is only US$70 million. And that comes mainly from overseas donations--including from Australia. Even a modest 5% increase in revenue East Timor gets from the oil and gas resources would amount to hundreds of millions of dollars--more than Australia's entire contribution to the East Timor campaign since September 1999. Think of what East Timor can do with that money. Think of how many schools, classrooms, hospitals, health clinics, roads and other infrastructure that money can provide. Think of how many jobs those additional services would also provide. Australians believe in fair play. But what is happing here is definitely not that. The Timor Gap resources belong to East Timor. Are we going to stand by and allow Howard and Downer rob East Timor off billions of dollars of their income when more than 40% of their population lives on less than one dollar a day? East Timor deserves a better deal. Give them a fair go--don't rob their future.
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