MercoPress. South Atlantic News Agency
Argentina’s Falklands claim will not significantly impact oil commerciality, says UK leading bank
The commerciality of the Falkland Islands Rockhopper Exploration’s Sea Lion oilfield development shouldn’t be significantly impacted by logistical problems arising from Argentina’s claim over the sovereignty of the Islands, according to analysts at the Royal Bank of Scotland. Read full article
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Disclaimer & comment rulesperhaps the oil companys will just have to expect to spend money to lay pipes from the falklands, pass st helena, up to the accensien isle, and on into the millhave depot, [just an idea]
Aug 22nd, 2011 - 09:48 pm - Link - Report abuse 0the oil termanal facilities in brazil or argentina, who think that they have the aces, , i.e. it will cause problems ,
but perhaps the islanders may have to except that part of the island may well have to be turned into facilities to accomidate all this oil.
just an idea,
Broton, you may not have been following events before- oil is unlikley to be piped onto the Falklands for shipping away or anywhere else by pipe - it will be shipped out using proven tecnolgy of FSPOs - basicakky a large tanker with a pumphead is stationed over the well and connects to the wellhead and crude is pumped up - them offloaded onto bulk tankers to take it anywhere in the world who buys it. Eventually when that well runs dry it is just capped and sealed and the FPSO moves to another.
Aug 22nd, 2011 - 10:06 pm - Link - Report abuse 0Anyway the S Times writer is incorrect- like so many journalists of many nations they dont check their facts! No Falkland Flagged ship has ever been to Brazil for decades and none have any need to! Brazils statement was a meaningless one just to give some verbal comfor the Argentina - it was clarifed in the bit Arg did not publish so muc whereby Brazil said it would of course not do anything that was aginst int maritme law - ie it would not refuse port entry to ships of say UK or any other flag. EG lots of foreign vessels with FI fishing licences now “layover” between seasons in Brazilian ports no problem
Vessels carrying heavy supplies for the oil industry are simply chartered direct and do not touch anywhere in S America - they have no need to and Arg is not hindering anything.
Yep, and Brazil is still the stopover for FI hound vessels with oil equipment. Like that beautiful flow testing kit. Argentina hold no cards over the FI, it is merely the joker in the pack!
Aug 23rd, 2011 - 06:49 am - Link - Report abuse 0Argentina's colonial aspirations just keep getting pushed back. The basic moral principle of self determination will win in the end.
Aug 23rd, 2011 - 10:01 am - Link - Report abuse 0Flow, black gold, flow!
Aug 23rd, 2011 - 12:02 pm - Link - Report abuse 0Seethe, Argentina, seethe.
You had your chance & you blew it!
Islander1
Aug 23rd, 2011 - 08:56 pm - Link - Report abuse 0not being an oil man,
do you mean that you do not need shore facilities, to accomidate all this,.
interesting, but does that not make the well more vulneral to attack-or sabatage, just a thought .
As rbs has had to be nationalzed and it seems is in immenent danger of a second collapse its views on the oil industry carry even less weight than its ideas on banking.The delusionists can keep burying their heads in the sand but there will be no oil leaveing los Malvinas unless Cristina says so
Aug 25th, 2011 - 07:04 am - Link - Report abuse 0@ 7 O gara,
Aug 25th, 2011 - 09:21 am - Link - Report abuse 0You must be singing from the same sheet as Flippers.
Any of you Argentines picked it up yet?
los-lost-lost-it
Aug 25th, 2011 - 09:00 pm - Link - Report abuse 0“there will be no oil leaveing los Malvinas unless Cristina says so”
Aug 27th, 2011 - 10:54 am - Link - Report abuse 0How, exactly is she going to stop oil leaving the islands? More useless press releases? Another imaginary blockade?
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