You beat me too it,let's not also forget there's interest from Saudis and the government look at the tax revenue they could get on good results/production,I would send military over there to protect potential mult billion pounds of revenue wouldn't you??, argues are on there knees so will be begging to be a part of it without conflict imho
sstartski. You said it was a bit like us claiming ownership of Madrid, surely you meant Gibraltar.
The Americans will not support Argentina regarding oil in the Falklands for the simple reason that American companies are involved, where do you think Noble Energy are based.
Also if the Argentinians did own the Falklands and the oil they don't have the expertise to extract it, they would need the help of people who have experience of deep water oil extraction i.e. Britain. So what the Argentinians need to do is stop sabre rattling, (putting up a smoke screen for their poor management of their own economy), and start negotiating to become the main port of call for the support / extraction of the oil and along with it the sort of wealth that the likes of Aberdeen enjoys. Simples. ;~)
There isn't any hope for US support for Argentina as several US companies are suing in New York for the return of funds so either forget it or try for once to understand geo-politics. The Argies only friends are a few left wing S American states such as Bolivia and Cuba and they recently even upset Spain and the EU with the nationalization of Repsol assets there. Its an almost bankrupt country hence they covet Falklands oil etc. But if you can't stand the heat get out of the kitchen by selling your FOGL shares the other FOGL shareholders won't object. With the money you raise you can always go sheep farming in Patagonia - But I almost forgot, the Patagonia Express from Buenos Aires doesn't run any more, no money for it apparently.
The WORLD Might aswell stop exploring then if thats the case. Everyone should forget about Kenya Australia Mexico etc etc etc and not bother incase they want whats found. If they can't be botherred to get it up in the first place there is no point moaning about it after.
- Just imagine if argentina had conquered the Shetland Islands centuries ago, found north Sea and claimed all reserves as theirs own
Britain is now in huge debt + inflation, has huge oilfields worth billions only a few hundred miles away ....yet cannot access them because a government thousands miles wants them....how happy would we be
Just thinking about this makes me think argentina will not go down without a fight....even expect strong U.S backing to share oil revenues with Argentina
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