Argentina’s President to Make Falklands Statement Amid Reports of Oil Sanctions
The bill would punish firms and Argentine companies that back offshore drilling in disputed waters, as Sea Lion production is expected to begin in 2028.
- On Thursday, Argentinian President Javier Milei is expected to announce a bill in a televised address seeking sanctions for companies conducting unauthorized activities near the Malvinas Islands, with legislation to be sent to Congress.
- The Sea Lion offshore oilfield, expected to begin production in 2028 and led by British firm Rockhopper Exploration and Israel's Navitas Petroleum, has reignited Argentina's sovereignty dispute over Las Malvinas.
- On Monday, President Donald Trump suggested the United States could review its position on the islands, telling reporters "I always review every position. That's just one of many" when asked about US policy.
- Downing Street said earlier this week the UK's position was "long-standing and unwavering," while Falkland Islanders voted 99.8% in favour of remaining a British overseas territory in a 2013 referendum.
- Although the US maintains formal neutrality, State Department official Sarah Rogers signaled alignment with Milei by posting "exciting things are happening in the Western Hemisphere," while reports suggest Washington may seek access to Sea Lion oil resources.
47 Articles
47 Articles
In a speech broadcast on the national network, the president of Argentina, Javier Milei, expressed his satisfaction because, according to him, the international context begins to favor the Argentine claim, in reference to the recent declarations of Donald Trump on the subject. The Argentine president said that the role and weight of his country in the global scenario have been transformed, and announced a series of measures to respond to the cha…
Javier Milei announced that he will sign a decree to speed up sanctions for companies operating in Malvinas, their shareholders, managers and suppliers
By Mauricio Torres, CNN en Español The Government of Argentina threatened this Thursday to impose sanctions on companies that start projects in the Malvinas Islands, over which the country has a long legal dispute with the United Kingdom, and announced the intention to build a new naval base in Tierra del Fuego.
The Argentine authorities were preparing to tighten sanctions for foreign oil companies operating in the disputed Malvinas Islands (Falkland) without Buenos Aires ' s consent, had informed President Javier Miley. Miley had issued an appeal to the nation in which he had announced the preparation of a bill that would tighten the sanctions. He said that the document would extend the penalties to suppliers cooperating with such projects to TASS…
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