FIG29 Mar 2019 16:53
All,
The Falklands Government are continuing to prepare for the development of Sea Lion
"Mr. Speaker, Honourable Members, the last months has seen the Government make
significant progress in preparing the Falklands for the expected development of our offshore
oil resources. Whilst ensuring that we remain focused on maximising the benefits of oil
development for the Falkland Islands, my team and I have worked to understand and address
where the Falkland Islands Government’s processes or policies may act as an unintended
barrier to investment. We have reviewed the Minerals Ordinance and updated our Offshore
Environmental and Safety and Dangerous Goods Ordinances to ensure the highest
international standards are in place, and I was pleased to note the commitment of the industry
to a robust and meaningful local content policy, which will soon be supported by legislation. "
"In November we brought forward the new maritime legislation, which ensures that the
Falkland Islands have responsible and fit-for-purpose maritime management that safeguards
our waters and meets our international maritime commitments. Separately, the National Oil
Spill Contingency Plan has been finalised and presented to ExCo, as have the proposed
regulations for Offshore Safety related to oil development which has now moved to the
legislative drafting phase"
http://www.fig.gov.fk/assembly/public-papers/assembly-transcripts/send/373-2018/2446-legislative-assembly-record-13-december-2018
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