London will support oil exploration “legitimate” in the Malvinas
The United Kingdom said Monday that it will support the companies involved in oil exploration “legitimate” in the Falkland Islands, whose sovereignty dispute Argentina, after the South American nation noted that initiate immediate legal action against them.
“The exploration of oil in the Falklands (Malvinas British name) is a legitimate business,” said a ministry spokeswoman.
“The British government supports the right of the people of the Falklands to develop their own oil resources for their own profit. This right is an integral part of their right to self determination,” he said in a statement that reiterates the position it has held more than two years, the United Kingdom.
The ministry however downplayed the announcement of the Foreign Ministry announced shortly before immediately start legal action against five oil companies operating in British around the Falkland Islands, whose activities were officially declared “clandestine”.
“We insist that Argentina’s domestic law does not apply to the Falkland Islands, South Georgia and South Sandwich Islands,” he said before explaining that the government of the Falklands “is entitled to develop fisheries and hydrocarbons in their own waters, without interference from Argentina. ”
“From harass the ships of the Falklands to threaten air links with Chile IslandersArgentina’s efforts to intimidate the Falklands are illegal, inappropriate and totally counterproductive,” he said.
“We are studying carefully the comments of Argentina and will work closely with any company potentially affected to ensure that the practical implications for them are the least possible,” the ministry.
The measure affects Argentina Rockhopper Exploration companies, Desire Petroleum Public Company Limited, Argos Resources, Falkland Oil and Gas Limited and Borders & Southern Petroleum. These companies launched in 2010 a campaign of oil exploration in the Falklands, although so far only one, Rockhopper Exploration has discovered a potentially mineable deposit.
The natural resources of the Falklands is one of the main sticking points in the dispute of both countries to sovereignty, which tightened coincide with the 30th anniversary of the short but bloody war fought between April 2 and June 14 1982.
Category: Personal Finance
