Announcement

Collapse
No announcement yet.

Argentina Vows To Prosecute Falklands Oil Firms

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Argentina Vows To Prosecute Falklands Oil Firms

    ARGENTINA VOWS TO PROSECUTE FALKLANDS OIL FIRMS

    18:13 | 2013-02-06

    TEHRAN (FNA)- Argentina will continue legal action against energy
    firms working off the disputed, British-controlled Falkland Islands,
    Argentine Foreign Minister Hector Timerman said on Wednesday.

    "We will continue to seek legal action against (these) hydrocarbon
    companies ... they are stealing the natural resources of Argentina,"
    he told reporters at a news conference in London, Reuters reported.

    Britain and Argentina fought a 10-week war in 1982 over the Falklands,
    part of Britain's self-governing territories, some 300 miles off
    Argentina's coast.

    Buenos Aires has ramped up efforts to stake its claim to the territory
    as London-listed firms seek to tap oil and gas deposits offshore the
    islands, known as Las Malvinas in Argentina.

    Last March, Argentina said it would take legal action against any
    companies involved in oil exploration off the islands.

    Timerman, visiting Britain to further his country's claims to the
    Falklands, was speaking at a news conference at the Argentine embassy
    in London.

    He has refused to meet British Foreign Secretary William Hague
    to discuss the sovereignty issue due to Britain's insistence that
    Falkland islanders also attend the meeting.

    Argentina has attempted to make life difficult for British oil
    explorers, but its hostility has not deterred companies and the
    islands are set to start producing their first oil in 2017.

    Rockhopper Exploration has formed a $1 billion partnership with
    Premier Oil to pump oil from its find North of the islands.

    Last month, another British firm, Borders and Southern Petroleum,
    said its gas condensate discovery in the Falkland Islands was also
    commercially viable.

Working...
X