Falklands’ oil reserves “to help British economy”, says Telegraph
Under the headline of “Falkland Islands oil reserves 'to help British economy'” the Telegraph points out that four British oil companies are exploring to the north and south of the Islands and that the British financial sector is pouring “around £ 327 million into the offshore projects”.
The article written by Chris Irvine compares scientific estimates of up to 60 billion barrels of oil underneath Falklands’ coastal waters with the world’s largest oilfield, Ghawar in Saudi Arabia which is thought to contain 80 billion barrels and Forties the largest North Sea oilfield with five billion barrels.
The Telegraph quotes statements from David Hudd, chairman of Falkland Islands Holdings and vice-chairman of Falkland Oil and Gas, to The Sun who affirms that benefits of the oilfield “are potentially huge for the companies involved, the Falkland Islands and for Britain”.
It also refers to the sovereignty dispute over the Falklands with Argentina and that earlier this year British Prime Minister reaffirmed “he would not surrender the sovereignty of the Falklands” despite pledges from Argentina’s president Cristina Fernandez de Kirchner.
The four British companies named are Rockhopper Exploration, Desire Petroleum, Falkland Oil and Gas and Borders and Southern Petroleum.
Suggested Stories
-
Feb 07th 2012
Oil rig operating in the Falklands signs three year contract off Norway
-
Feb 10th 2012
Antigua and Barbuda deny supporting bar on Falklands flagged vessels
-
Feb 10th 2012
Timerman on Friday formalizes at UN complaint against UK ‘militarization’ of Malvinas dispute
-
Feb 10th 2012
State Department ratifies Falklands’ dispute is a bilateral Argentina/UK issue
28 comments Feed
Note: Comments do not reflect MercoPress’ opinions. They are the personal view of our users. We wish to keep this as open and unregulated as possible. However, rude or foul language, discriminative comments (based on ethnicity, religion, gender, nationality, sexual orientation or the sort), spamming or any other offensive or inappropriate behaviour will not be tolerated. Please report any inadequate posts to the editor. Comments must be in English. Thank you.
No one else gives a flying fig what Argentina thinks.
I am very sorry for my past posts and hope all Falklands people have a good happy future under the Union Flag.
by the way, you are very optimistic about oil and that's ok as long as you are prepared for the bad news ....Lol.. and when you talk about what kind of mercedes you are gonna buy.... well... you remind me the girls of “the playboy mansion” ....Lol.... the girls without brain you know. You are like them. you have no brain...Lol..... you know what, you can buy the big mercedes, that one as big as a block in stanley....LOL.....
You are being used in a stock market scam of epic proportions.
shagger of goats & donkeys.
khh, do your parents know what kind of sites are you visiting? Here are adults posting opinions and you are just a kid who has to be playing with the penguins. Go to bed now!!!
Did that, done that and I bet I traveled more than you. America is the real world, even the shows you enjoy watching on MTV or the E!, and dream about to be in, like “the girls next door”...laugh. I know you do that Jorge, no wonder you mentioned the playboy mansion. Does your mother Cristina knows that? If not, you're in trouble, laugh.
Guess what, I have been to your country (B.A and Cordoba by bus) and that's why I don't think, but know that your nation is miserable failing the people (include you, and amazingly still haven't noticed that). They adore Americans, and would love to come here, stay (even illegaly, umm bad bad argies) and work so they could buy food for their family, send money back home and have some dollors (paper) and coins in their wallet (what's shamely not available there)....what a joke. Did they cared about the Falklands? Some yeah, and even cry loud about it, but the majority I spoke with, never behaved like you and explained to me well mannered and clear that their goverment should pay attention to the real issues rather than a (British) territory they never been nor cared about and still don't care about. Proved to me, that they, the friends of my argie friends who invited, ain't that liberal like you who constantly whines about the Islanders, you know, the residents of the Falkland (UK), like a little mentally challenged argie girl who spilled her last cup of milk. By the way, I enjoyed being in your (failed) country where it was (if I go again, It' s still would be cheaper for me) super cheap for me and where the waiters in the restaurants were so happy with my dollars :D. So what about you? I bet you haven't been here at all and just bitch, again like a girl, about the US. You Jorge, are true ignorant here, and you don't even realize that. Me arrogant? Impossible, I'm not “Argentian” who eats tuna and burps turkey.
My failed country? Is my country guilty for the global downturn? mmmmmmm not! It is USA, the egocentric country that this things in a wrong way causing unemployment all round the world. The country that believed itself as the safest in the world until 9/11, remember? Lol. Thanks to you, Bin Laden has many fans. I have no statistics, but I can bet almost 70% of the whole world toasted when that happened. It is sad, isn't it? but you are the only ones to blame for that. Surely almost all islanders hate my country, they have shown it here many times, also some chileans, some uruguayans, some british, but you have to know, almost the entire world hates your country. That's why many Americans tourists are bad treated in many countries. May be you are one of them, may be you met up a well-hung macho in Cordoba or Buenos Aires and they did something to you that you didn't like (may be you did Lol!) and as a result of that is your constant agression towards us. May be you keep the hopes you are gonna meet that macho here in this site, unfortunately for you, this is not an online dating site.
bye as***le!!!!!
But first go to the big bronze map of the Falklands in Ushuaia and have a little look on top. you will love it.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!