MercoPress. South Atlantic News Agency
Falklands’ oil offers an exit strategy from the dispute
By Graham Bound - The discovery of a large field of natural gas beneath the seabed south of the Falklands received appropriate coverage in the UK press. Rockhopper Exploration’s agreement with Premier Oil, which is likely to involve an investment by the latter of up to £750m, has also been noticed. Read full article
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Disclaimer & comment rulesArgentina's hardline strategy is not going to go away until this woman is gone. When she has gone then maybe the Argentine Government will soften its stance on the Falklands. She is has declared she is going to get the Falklands, she has no chance of getting them, she will not back down.
Sep 10th, 2012 - 03:28 am - Link - Report abuse 0Let's ask an investor:
Sep 10th, 2012 - 04:41 am - Link - Report abuse 0“Makes me wonder if its a waste of time investing in the Falklands. The Formula works out for shares in the Falklands so far as follows.
Company :- fails to find oil loses 90% of share price
Company :- Finds oil share price increase 100% then drops some 50% over time. finds more oil recovers 30% manages to get a farm in partner, price drops 50% and keeps droping.
This is a good way to lose money at this rate Falklands will be pumping oil at a loss to its share holders. A company with oil in the ground should be like money in a Swiss bank account, yet Rockhopper is losing its value at over 2% a day. It will be taken over for peanuts at this rate. I can see it go down to £1.25p by the end of the year. If FOGL finds oil it may recover a touch, heaven help RKH if it doesn't”
Whistling in the wind there MoreCrap !
Sep 10th, 2012 - 05:27 am - Link - Report abuse 0@2: investors are not stupid, they understand that they are in this for the long haul and that these glitches in share prices always happen when carrying out prospective work. There's only one way to look at it: how much did one invest and what will the final payout (if any) be, the fluctuating prices in the meanwhile are just stock market gamblers running in and out of the game and best ignored.
Sep 10th, 2012 - 06:06 am - Link - Report abuse 0Ah Marcos extolling his own form of comedy once more.
Sep 10th, 2012 - 07:33 am - Link - Report abuse 0I'm presuming this is meant as comedy well its either that or a complete lack of any understanding of how oil companies and share prices fluctuate.
And meanwhile back on planet earth, this is yet more good news for the Falkland's people whilst Argentina continues to slump from being an insignificant economy to a non-existent economy.
If only Argentinian's could focus on what is important to their welfare rather than the islands they give a make believe name that do not belong to them.
@2 Yes a major oil company investing hundreds of millions is a sure sign that Falklands oil is going to fail.
Sep 10th, 2012 - 08:01 am - Link - Report abuse 0Marcos is obviously a bitter Argentinian. Before the Adams family sorry Kitchner family were in charge there was a spirit of co-operation in which Argentina would have shared some of the natural bounty. But due to bad management of the current Kitchner government, all natural resources will recieve no major foreign investment. So the next step was to steal company assets which has further soured foreign investment.
Sep 10th, 2012 - 08:55 am - Link - Report abuse 0Her only way to save her botox face is to ramp up aggression towards the Falklands.
It will not work. Argentina's chances of benefittig from port duties and refinery charges are now gone as investers are seeking to build facilties to avoid using Argentine mainland.
The moral of the story, be peaceful and act nice to your neighbours and you win. Or you follow the CFK route and lose all round.
All fantasy's about ownership of the islands are a further smokescreen to cover her ineptitude of office and will come to nought.
If she should go for her last gasp action of military action (possibly her last chance) she will find the same response as her Junta predecessors got
Think the idea of even a token military option by any sane military officer would be ruled out.
Sep 10th, 2012 - 09:44 am - Link - Report abuse 0Either as a pathetic stunt which would make argentina a world wide laughing stock. Or a sucide mission which would get s lot of people killed.
Maybe once kirchner is gone somebody can reboot relations on a more sane setting.
2 Marcos Alejandro
Sep 10th, 2012 - 10:02 am - Link - Report abuse 0Perchance, did you actually read the above article? I'm sure if you look again you will find the following:-
“There is no sign at all that Argentine threats have succeeded even slightly in dissuading rich oil investors”.
Somewhere, there is a village who is missing it's idiot.............
'Somewhere, there is a village who is missing it's idiot.............'
Sep 10th, 2012 - 11:38 am - Link - Report abuse 0Yep... Mike moved to Argentina.....
you are losing your time a and your money!
Sep 10th, 2012 - 12:31 pm - Link - Report abuse 0Trouble with the idea that the Brits will make “face saving concessions” is that most of them on here actually enjoy humiliating Argentina! But maybe the governmnet will be more rational than a bunch of right wing extremists. On the other hand, there is the Daily Mail vote to consider...
Sep 10th, 2012 - 01:02 pm - Link - Report abuse 0Argentina manages to humiliate itself on the world stage - it needs no help from us.
Sep 10th, 2012 - 01:19 pm - Link - Report abuse 02@ Marcos
Sep 10th, 2012 - 01:41 pm - Link - Report abuse 0The current Argentine government is so pathetic as INDEC, the national statistics agency declared that a family of four should be considered above the poverty line if its monthly food bill exceeds 688 pesos, equal to about six pesos per person per day. But six pesos is just enough to buy an Alfajor, a sweet biscuit nibbled over coffee, but this six pesos is more than sufficient to buy an entire day's food according to INDEC.
With Argentina having government agencies like INDEC it is no wonder that their people have been fed lies and propaganda about the history of the Falklands.
@14 BB
Sep 10th, 2012 - 01:50 pm - Link - Report abuse 0Too right, the falklands is a whipping boy for all that is wrong with argentina. If the peso looses value... lets whip the falklands. If power prices rise.... lets whip the falklands. If crops fail, and rivers dry up or silt up... lets whip the falklands.
Bury their bad news under an avalanche of Malvinista twoddle.
I compeltly agree with Graham, Argentine agression will achieve absoutly nothing and I predict that after CFK leaves office at the next election (unless of course she continues her facist campaign to ammend the consitutuion and contuning to tell her ministers that she is the mostintellgient among them and that she must make all decisions (A sociaptahic meglomaniac?) we will see a chnage in tactics from the Argentine government who will hopefully to return to a more enlightied, less nationalist approach to the dispute. Only throguth a base of trust and cooperation can this dispuite be ever resolved. nationilist sentiment will never cause a chnage in a policy from either side. I see a return to a similar system as we saw under Menem (“Mendez”). It seemed to be going well till nestor threw all the agreements out the window to whip up nationalistic sentiment.
Sep 10th, 2012 - 02:21 pm - Link - Report abuse 0The only problem with the “Whipping the Falklands” efforts is that they never seem to realise the whip falls a couple of hundred miles short of the place. They'd be better off joining the Flagellants. It would be roughly as effective.
Sep 10th, 2012 - 02:22 pm - Link - Report abuse 02 Marcos Alejandro
Sep 10th, 2012 - 02:44 pm - Link - Report abuse 0Excellent reasoning. They forget the UN resolutions and multilateral organizations like the UN, OAS, CELAC, MERCOSUR.
They still think like colonialists and imperialists. Is colonialism and piracy in the 21st century.
Plunder of natural resources agragado value of preemptive strikes and humanitarian bombing civilians as in Libya, Iraq and Afghanistan.
@18 Exactly.
Sep 10th, 2012 - 03:00 pm - Link - Report abuse 0@18 Raul
Sep 10th, 2012 - 03:02 pm - Link - Report abuse 0Which UN resolutions are you referring to? Which ones are binding? Which ones were extinguished after the 1982 invasion? Please be specific.
What is colonialist and imperialistic about allowing the islanders self determination (ie THEY choose how and by whom they wish to be governed)?
@18 & 19
Sep 10th, 2012 - 03:13 pm - Link - Report abuse 0But you both forget something very important.
The Falkland Islands have got absolutely nothing to do with Argentina.
What ever slim claim the Argentininans had was signed away in 1850 after the 'Convention of Settlement Treaty' was ratified by Argentina Remember - 'a state of perfect harmony had been restored' 'no longer had any outstanding differences.'
The present 'Great Malvinas Lie' was only started in the time of Peron (Hitler's budy).
The Islanders also have the moral ground - the right to self determination.
So there you have it. Argentina has no legal nor moral right to the Falkland Islands. Wind your necks in.
@18
Sep 10th, 2012 - 03:14 pm - Link - Report abuse 0Are you really going down the UN reoslution route again as well as the outdated imperalist argument? The islands are not a colony they are a foreign overseas terriotry and will remain so as long as the people if the islands wish to remain so. This is the entire purpose of the C24 as set out in their misison statement “http://www.un.org/en/decolonization/questions_answers.shtml”
There goal is to decolonise people not places. As no Argentine is living under colonisation in the Falands they have no rights under the decolonisation group fo the UN. What Argentine wish to do is subject the people of the islands to rule from a foreign power which is the deffintion of colonisation. I have asked you previously how handing over control to Argentina would be in the intrest of the population which you yourself acknollege is refrenced in the UN resolutions, therefore if it is not in their intrest to be handed over to Argentine rule no handover can be completed that is in line with any of the UN resolution documents and a such I fail to see how agrresive tactics can work.
Can you show me a document anaywhere from the UN or the OAS which states the Islands are Argentine? These two organsiations have only ever called for talks and peaceful solutions which take into account the intrest of the population.
What do military operations conducted by the UK on behalf of NATO have to do with the Islands or is this the usual tactic of trying too show that the Argentine argument must be right because the British are so called “Evil” if so how do you explain the actions of the Argentine government in 1870's under General Roca when he collonised Patagonia? Do you believe that the native population of Patagonia should be decolonised from Argentine rule in the same way you support decolonisation of the islands? If not then pelase explain why, so that I can see why you do not see a contridction in these two opionions?
Sr Think has asked me to remind all his colleagues and his alter egos that he has just found a new word - sententious.
Sep 10th, 2012 - 04:33 pm - Link - Report abuse 0He warns against it and its use.
(Not true, actually. But wouldn't it be good if it were ;-)
Despite all the rhetoric from Argentina, the Falklands seem to have no problem getting all the investment they need to develop their hydrocarbon industry.
Sep 10th, 2012 - 06:20 pm - Link - Report abuse 0Meanwhile Argentina is still flogging a dead cow!
Says it all really.
I do look forward to the day when tankers carrying billions of $$$ of oil and gas start sailing from the FI - past Argentina, as so much of the last century seems to have past Argentina by.
Sep 10th, 2012 - 06:40 pm - Link - Report abuse 0And London is to thank for that.[the best deterrent in the world .]
Sep 10th, 2012 - 06:51 pm - Link - Report abuse 0,,.
Within a few years Argentina will realize that crude aggression and sanctions are a waste of time and only make them look immature
Enough said…
.
@12 Don't “enjoy humiliating argentines” Sorry, that's wrong. I do enjoy humiliating argies. What's wrong with that? Belligerent, criminal, faggoty, greedy, kleptomaniac, psychopathic argies need to be CRUSHED!
Sep 10th, 2012 - 07:29 pm - Link - Report abuse 0@18 Haven't forgotten the NON-BINDING UN resolutions. They mean as much to us as the BINDING UN Security Council resolution 502 that you wankers IGNORED. I am so looking forward to when our armed forces OBLITERATE you. I really want argieland to turn into a nuclear wasteland. With a total population of 450,000. Do you have any preferences for how you'd like to die, dog turd? I'm in favour of listening to you screaming in agony whilst watching your spouses and offspring being hacked into small pieces. Bite-sized pieces suitable for our dogs. Don't dogs like faggots?
@ 27 jejeje....Conqueror Captain Poppy don't scare no one...
Sep 10th, 2012 - 07:51 pm - Link - Report abuse 0Jaaaaaaaaaaaaaaajaaaaaaaaaaaaaaaajaaaaaaaaaaaaaaa
“Trouble with the idea that the Brits will make “face saving concessions” is that most of them on here ”
Sep 10th, 2012 - 08:06 pm - Link - Report abuse 0“the Brits”
“most of them”
For someone who is supposedly British. That doesn't sound very British.
@27 Conqueror Captain Poppy
Sep 10th, 2012 - 08:56 pm - Link - Report abuse 0keeps making the biggest insults ...for what?
He does not have nothing to do...jaaaaaaaaaaaaajaaaaaaaaaajaaaaaaaaaaaaa
It's an interesting theory Graham. We'll have to wait and see I think. It will surely take a change of government; this mad cow will never back down.
Sep 10th, 2012 - 09:47 pm - Link - Report abuse 0Something I haven't heard anything about for a while is the cemetery vandalism. Smells like an Argentine has been found to have done it. There'd be too much cage rattling from over the water if it was the other way round.
Anyone heard anything?
she wont back down, because she has nothing to backdown to,
Sep 10th, 2012 - 10:11 pm - Link - Report abuse 0on the other hand, the british will never talk to them, as their is nothing to talk about .
@32
Sep 10th, 2012 - 10:14 pm - Link - Report abuse 0Such generic gay venting from his arse again!
we see some argies are still happy then .
Sep 10th, 2012 - 10:26 pm - Link - Report abuse 0#29 I said most of them. I'm a/the exception =)
Sep 11th, 2012 - 12:43 am - Link - Report abuse 0http://falklandsnews.wordpress.com/2012/09/11/the-falklands-look-to-the-future/
Sep 11th, 2012 - 01:11 am - Link - Report abuse 0:-)
Graham Bound is wrong, the most commonly held view in the UK about the 1982 Falklands war is not that it was about oil at all, if anything the Falklands were portrayed accurately as a windswept group of islands where local industry was farming and fishing. It was about a british backwater under attack from a local military dictatorship and if you let one group of despots get away with it, it'll happen everywhere.
Sep 11th, 2012 - 08:19 am - Link - Report abuse 0“Is colonialism and piracy in the 21st century.”
Sep 11th, 2012 - 10:17 am - Link - Report abuse 0Attempted BY Argentina's current goverment, yes.
By anybody else, no.
If confused try google and look up the meaning of the word...it will help you a LOT in understanding why using such phrases as a way to “show up” Britain and British people is an absolute non-starter.
What the current Argentine goverment is attempting, however, fits the definition exceptionally well.
The only definition CFK needs,
Sep 11th, 2012 - 01:32 pm - Link - Report abuse 0Is losers,
For even if she gets them, she loses,
All she will get is a very poisonous porcupine…
@24. Pugot-H
Sep 11th, 2012 - 01:40 pm - Link - Report abuse 0`Meanwhile Argentina is still flogging a dead cow !`
Is Christina dead then ?
”#29 I said most of them. I'm a/the exception =)”
Sep 11th, 2012 - 02:31 pm - Link - Report abuse 0Indeed. You said most of THEM, not most of us.
It's a poor act.
@18
Sep 11th, 2012 - 02:46 pm - Link - Report abuse 0“They forget the UN resolutions ”
The non-binding ones that take into account the interests of the islanders?
It is crystal clear that it is not in the interests of the Islanders to be Argentine so there's that one out of the way.
Also in all of those resolutions it mentions that Independence takes precedence in issues of de-colonisation-and the constitution changes in the Falkland Islands are leading to less control from the UK, whereas Argentina does not want the Islanders to have any say over their government; therefore Argentina wants to be a colonialist.
No matter what the UN C24 (formed of corupt undemocratic regimes -against the UN charter's principles), thinks, Argentina is by definition wishing to colonise the Falklands where the UK is assisting the Islands to more autonomy-therefore UK is abiding by UN principlesand Argentina rejects the UN Charter's principles.
@43
Sep 11th, 2012 - 04:31 pm - Link - Report abuse 0And speaking of the UN and negotiation:
“Argentinean Sovereignty over the Malvinas is not negotiable. That is the starting point of negotiation.” (Dante Caputo, Argentine Foreign Minister, 13 November, 1983. Quoted in House of Commons Foreign Affairs Committee, 1983-4, Report, Vol. 2, p 149)
Hilarious ......
42... Well said, they are looking to colonise a land that has never belonged to them? You would of thought their huge land mass on the continent that they stole would suffice, but hey once you get a taste for it. the RGs want an Antarctic empire, hence them also wantin south georgia and sandwich islands
Sep 11th, 2012 - 06:18 pm - Link - Report abuse 0And all of africa, by the sounds of it.
Sep 11th, 2012 - 06:50 pm - Link - Report abuse 0@28 Desperate fat slag!
Sep 15th, 2012 - 04:22 pm - Link - Report abuse 0@30 A double negative! Word games! What does an argie and an ignorant, fat slag have in common?
@33 Are you trying to promote yourself as Sussie's pimp?
@35 True. You're a blind, stupid twat.
@42 No surprises. What do argies and Spaniards have in common? Colonialist, piratical, criminal scum.
@43
Sep 16th, 2012 - 01:42 pm - Link - Report abuse 0Wonder if Argentina have actually checked a dictionary to see what negotiation actually means?
Nice name Caputo.
Sums up his country's diplomacy skillls.
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