Britain Vows to Protect Firms From Argentine Threats as Falklands Oil Row Explodes
8 Articles
8 Articles
Britain vows to protect firms from Argentine threats as Falklands oil row explodes
Britain has vowed to defend businesses from Argentinean interference amid reports that Ed Miliband has approved a giant Falkland Islands oil field. The Foreign Secretary is said to have approved the Sea Lion field, 130 miles north of the islands. It is believed to contain up to 1.7 billion barrels of oil.Britain's Rockhopper Exploration and Israel's Navitas Petroleum are due to begin extracting from the field within two years.But the plans have …
Hours after Javier Milei’s government announced the filing of the lawsuit before the Sea Court in Hamburg against the exploitation of resources in the Malvinas Islands, the British government announced that it will amend its legislation to “protect” the companies that carry out these activities. “The United Kingdom Government will introduce new protective measures in response to Argentine domestic measures aimed at activities related to the Malv…
Andy Burnham's management seeks to neutralize Argentina's request before the International Tribunal for the Law of the Sea against the Sea Lion project.
The government of Andy Burnham announced legal measures to protect companies that exploit natural resources in the occupied islands and warned that it will not allow Argentina to obstruct its commercial activities. London seeks to neutralize Argentine sanctions and ensure the advance of the multimillion dollar Sea Lion project. The British response coincided with the presentation of [...]
The government of the United Kingdom reiterated that it will implement legal measures to protect British companies and citizens who invest and operate in the Malvinas Islands from the application of domestic regulations issued by the Argentine State. The initiative, officially communicated this Tuesday from London, will be framed in the legislation on the Protection of Commercial Interests (PTI). The central objective, they said, is to ensure th…
The British government announced the application of the legislation on the protection of commercial interests to neutralize the legal actions of Argentina. The measure seeks to support the oil exploitation in the archipelago against what they consider economic coercion.
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