The Falkland Islands government is reviewing a tax return submitted by one of the oil companies currently operating off-shore the Islands and is confident a mutually acceptable outcome can be reached.
The Falkland Islands Government has welcomed the announcement by the Senate of Argentina of the establishment of a Marine Protected Area (MPA) within the area of Burdwood Bank which lies within the Argentine Economic Zone, describing it as a “positive step” in the interest of marine conservation and fisheries management.
A Falkland Islands government statement of policy principles on port location and oil infrastructure development passed at Executive Council last week has been met with opposing views from members of the private sector, reports the Penguin News.
The Falkland Islands Government has sent a letter of congratulations to the Duke and Duchess of Cambridge on the safe arrival of their baby son.
The, “orthodox,” view that the Falkland Islands referendum was little more than British voters choosing to remain British, as pedalled by the Argentine government, is not enough to explain the result of the Falkland Islands referendum argues Professor Peter Willetts in his ‘A Report on the Referendum on the Political Status of the Falkland Islands’.
A more permanent integrated type of immigration for the Falkland Islands is a strong message that has come out of a consultation with Falklands residents, in the preparation for a socio-economic study of oil and gas development in the South Atlantic British Overseas Territory.
For the first time the Falkland Islands have underlined the significance of the hydrocarbons industry as a fully integrated sector of the local economy as it effectively and successfully moves from the exploration to the exploitation stage with first shipments scheduled for 2017. At the same time it regrets that South American companies are not participating of the logistical opportunities because of Argentine interference.
The Specialist Oil & Gas Advisor for the Falkland Islands Government (FIG), Anne Drinkwater has stated that the Falkland Islands are an attractive location for the oil and gas industry and has praised FIG five year plan which sets the desired economic and social context for development generally.
Falkland Islands elected lawmaker Mike Summers will attend next week the Caribbean Regional Seminar of the Special Committee on Decolonization which is to be held in Quito, Ecuador in anticipation of the main C24 annual meeting in New York.
For some, the prospect of the Falkland Islands becoming an oil-producing country creates exciting visions of opportunity, while for others it seems like a nightmare. What is certain is that oil, like sheep and fishing before it, will inevitably bring changes to both our wealth and our way of life.