jueves, 12 de julio de 2012

Falkland Islands: Premier Oil plan leads UK and Argentina to new dispute.

The Guardian.

Britain put itself on a collision course with Argentina over disputed sovereignty of the Falkland Islands when it gave explicit support to a £600m plan to develop oil reserves in the South Atlantic on Wednesday.

Barely three weeks since the two countries clashed over the issue at a G20 summit and 30 years on from military conflict, the Foreign Office announced the hydrocarbons exploration was a legitimate business.

The government's backing for Premier Oil's move to buy a 60% stake in a licence to explore and develop oil off the Falklands will infuriate Argentina, which has threatened criminal and civil charges against firms operating in the disputed area.

But a Foreign office spokesman said: "We have been unequivocal in our support for the people of the Falkland Islands as they seek to expand their economy. This [drilling] is a core principle of self-determination, and one which we are determined to uphold."