Friday, December 11th 2009 - 13:55 UTC

Argentina was sure Chile would not be involved in Falklands’ oil exploration

The Argentine government minimized the potential impact to bilateral relations with Chile following news that the country’s oil company Enap had been approached by a British corporation to team up for hydrocarbons exploration offshore the Malvinas Islands.

Palacio San Martín, seat of the Argentine Foreign Affairs ministry

“Impact is non existent since we know Chile strongly supports Argentina’s sovereign claims over the Malvinas, South Georgia and South Sandwich Islands and adjoining maritime spaces” said Argentine Foreign Affairs ministry sources quoted in the Thursday edition of the Buenos Aires press.

“Such a proposal has no chances of prospering. The fact officials from the oil companies met means nothing; what is clear is the desperate need of the British investors in ensuring continental support for such operations. No matter how much they deny it, Islanders can’t avoid appealing to the continent or some other partner, which makes the whole offshore exploration operation far less viable than hailed by the press”, added the Argentine sources.

“This undoubtedly is closely linked to the necessary legal support and guarantees which the geo-political scenario does not offer specially with an international sovereignty dispute and pending solution, in spite of the United Kingdom unilateral and illegal actions”.

Sources close to Foreign Minister Jorge Taiana revealed Argentina was well aware of the news and events but tried to tone down the possible rift with the government of Chilean President Michelle Bachelet in the event “of a positive decision involving the issue”.

“We deeply value Chile’s standing support to our sovereign rights in the South Atlantic and this was proven in the recent summits of Estoril (Portugal) and Montevideo, plus the traditional bilateral and multilateral support we receive from them in forums such as the United Nations and the Organization of American States”.

British companies and those from the Islands are operating “illegally in the Argentine continental platform, in open violation of Argentine sovereignty and what was decided by United Nations resolutions, which has led the Argentine government to repeatedly protest and denounce such unilateral and illegal actions, openly exposed to the respective legal sanctions”.

11 comments Feed

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1 Nicholas (#) Dec 12th, 2009 - 12:46 am Report abuse
The Islanders on the Falklands (UK) should do business with Petrobrasil.
2 nitrojuan (#) Dec 12th, 2009 - 02:09 am Report abuse
Petrobras is Nicholas, I have worked there in BA Headquarters, I dont think Brazil or Chile will start business with the illegal occupants of Malvinas, they have a big risk if do that. Argentina is a better partner and when Desire Petrolium will be part of YPF then we can talk.
3 Mike (#) Dec 12th, 2009 - 02:34 am Report abuse
Yes Argentina's corrupt government and economy which is heavily dependent of the International Monetary Fund is a much safer option!

Illegal occupants? That is incorrect. But you are the guy with the international law degree right? It is sad that your education has been heavily influenced by the Argentine Government's propaganda. It is also a shame the Argentines has selective memories. Your occupation in 1982 was illegal and aggressive. Very hypocritical...
4 Nicholas (#) Dec 12th, 2009 - 12:14 pm Report abuse
“when Desire Petrolium will be part of YPF then we can talk”
YPF is part of Repsol Spain and PetroBrasil ownes some part of it. If you trully believe that your Argentinian oil company is independent, keep on dreaming, it ain't. You folks screwed it up and now it's in the hand of foreigners. Very intelligent.

What Risk is PetroBrasil taking if they do business with the Falklands what is not illegal occupied but was illegal occupied by the Argentines?
You really believe the Kirchners dare to challenge the Brazilians on that Issue? Let me remind you that your country owes them lots of money, second they don't care about your crying about the Falklands that was never yours, third, we shouldn't be surprise if they do business there, because the Brazilians (PetroBrasil) are expending rapidly, faster than Exxon Mobile, in the americas and else were in the world for oil exploration. Let's see what will happen.
5 nitrojuan (#) Dec 13th, 2009 - 03:01 am Report abuse
Nico, agreements are between companies of sovereign countries, for example in the business of Petrobras Argentina's lubricants there is a agreement of production with BP (British Petrolium), Never might be agreements with companies of colonies enclaves in litigation not recognized by the UN for a political question. Let live in the reality of the XXI century.
6 jorge (#) Dec 13th, 2009 - 01:23 pm Report abuse
it is very simple actually. If brasil does or chile do business with the pirates in malvinas they would lose their areas and all their businesses in argentina.
So they won't do any business with the pirates.

P.S. nicholas, are you still buying waitress with your dirty dollars?
7 Bubba (#) Dec 13th, 2009 - 05:29 pm Report abuse
Stop moaning about the Falklands/Malvinas and get some offshore rigs and do the siesmic studies and start drilling this continental shelf. It only costs about two million pesos a day to explore for oil and gas offshore deepwater.
8 nitrojuan (#) Dec 13th, 2009 - 11:07 pm Report abuse
jorge you are right and that is very simple, like fishing around our Malvinas
9 Justin Kuntz (#) Dec 14th, 2009 - 06:00 am Report abuse
Argentina exports more to Brazil than it imports, are we to expect Argentina to be such a bunch of idiots that they'd screw their economy over for a stupid irredentist claim? Quite probably.
10 nitrojuan (#) Dec 14th, 2009 - 09:09 am Report abuse
Justin, more stupid are kelpers that love to live like Cuba with their stupid self determination that nobody believe.
11 khh (#) Dec 14th, 2009 - 09:47 pm Report abuse
For jorge and nitrojuan.

www.flickr.com/photos/45547666@N02/4184130179/in/photostream/

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