Falklands oil industry: UK complete support, but no financial backing for islands’ bonds

Monday, February 5th 2024 - 10:53 UTC

Full article 3 comments

Exploring the viability of the oil industry in the Falkland Islands is building up since its Readiness program in 2014 and has been further boosted by recent agreements among companies interested in developing potential projects, but it recently also faced an unexpected technical hurdle from the UK Treasury Department. Nevertheless, London once again ratified support for the Falkland's right to explore and exploit its natural resources. Read full article

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portman
and they're off to a very good start!
Feb 05th, 2024 - 05:30 pm - Link - Report abuse 0
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Tænk
Indeed..., Mr. Portman..., indeed...
Feb 05th, 2024 - 06:27 pm - Link - Report abuse 0
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Jo Bloggs
I’m feeling pretty good about the likelihood of oil production starting within a couple of years. Time will tell.
Feb 10th, 2024 - 10:54 am - Link - Report abuse 0
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