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Timor Sea Treaty Joint Petroleum Development Area instructions 2019 https://www.ato.gov.au/Forms/TimorSeaTreatyJointPetroleumDevelopmentAreainstructions2019/ Last modified: 30 May 2019 QC 58672Timor
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Understand the terms and conditions of the Timor Sea Treaty/Joint Petroleum agreement.
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Countries involved in the exploration and extraction of petroleum resources in the Timor Sea area.
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Companies or entities with interests in joint petroleum ventures in the region.
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Government agencies responsible for regulating and overseeing petroleum activities in the Timor Sea.
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Timor Sea Treaty Joint Petroleum refers to the agreement between Timor-Leste and Australia regarding the exploitation of petroleum resources in the Timor Sea.
Companies or entities involved in petroleum exploration, production, or transportation in the Timor Sea are required to file Timor Sea Treaty Joint Petroleum.
To fill out Timor Sea Treaty Joint Petroleum, companies need to provide detailed information about their petroleum activities, production levels, revenues, and other relevant data as per the requirements of the treaty.
The purpose of Timor Sea Treaty Joint Petroleum is to ensure fair and equitable distribution of petroleum resources between Timor-Leste and Australia, while also promoting cooperation and sustainable development in the region.
Companies filing Timor Sea Treaty Joint Petroleum must report information such as production levels, revenues generated from petroleum activities, expenses incurred, and any other relevant data specified in the treaty.
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