Timor Leste/Australia: Oilex provides update on JPDA 06-103 dispute

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Oilex, in its capacity as Operator, on behalf of the JV participants in the JPDA 06-103 Production Sharing Contract, has provided an update on its request to terminate the PSC by mutual agreement, due to developments which are outside the control and influence of the JV participants.