Argentina to investigate oil projects around Falklands
Argentina ordered proceedings against 45 entities as Milei renewed sovereignty claims and announced tougher sanctions on companies tied to hydrocarbon projects.
10 Articles
10 Articles
The Argentine president said he would punish companies working off the coasts of the islands. This, in a clear reference to a offshore oil and gas project located in the northern basin of the islands, is being developed by the British company Rockhopper Exploration along with the Israeli company Navitas Petroleum.
Argentina threatens to sanction oil projects near Falkland Islands after Milei's provocations
Argentina has announced that it will investigate and sanction oil companies working near the Falkland Islands without authorisation, after President Javier Milei said the 'winds of change' favour his country's claim to the archipelago.
On Saturday afternoon, oil service companies Schlumberger, Halliburton and Baker Hughes issued communiqués stating that they do not participate or plan to participate in hydrocarbon projects near the islands.
The Economic Times
Times of IndiaArgentina to investigate oil projects around Falklands
Argentina is actively probing into oil projects located close to the Falkland Islands, as President Javier Milei indicates that global developments bolster Argentina's claim over the archipelago. This comes in the wake of his recent address reiterating the country's sovereignty claims. Meanwhile, Britain has confirmed its support for the allegiance preferences of the Falkland Islanders, while the United States reviews its position on this sovereignty issue.
Javier Milei hardens the pulse for the sovereignty of Malvinas with sanctions on 45 foreign oil companies, a turn that reconfigures the energy risk in the South Atlantic. La entrada Oil sanctions in Malvinas: the turn of Javier Milei that shakes the South Atlantic aparece primero en Moncloa.
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