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Eugene

(61,872 posts)
Sun Jan 12, 2014, 03:38 PM Jan 2014

Argentina 'will seek to punish' firms that drill for Falklands oil

Source: The Guardian

Argentina 'will seek to punish' firms that drill for Falklands oil

Uki Gonin in Buenos Aires and Josh Halliday
The Guardian, Sunday 12 January 2014 19.19 GMT

Argentina will seek legal punishment, including prison sentences, for anyone who drills for oil in the Falklands and the surrounding waters it claims as its territories, the country's newly created Malvinas secretary has told the Guardian.

In his first interview with the international media since taking the post on Monday, Daniel Filmus also warned that companies involved in exploration of the disputed areas will be disqualified from potentially more lucrative work in Vaca Muerta (the giant shale oil deposit in Argentina's Patagonia region) and offshore areas.

"We will go to the international courts. It must be known that Argentina will defend its claim," Filmus told the Guardian at his office in the ministry of foreign affairs. "Whoever doesn't obtain authorisation will not only face administrative consequences but will also face prison sentences."

The tough statement emphasises the government's determination to enforce a recently passed law bringing in fines of up to $1.5bn and prison sentences of up to 15 years for companies and executives who explore for oil on the Falklands seabed without permission from Buenos Aires.

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Read more: http://www.theguardian.com/world/2014/jan/12/argentina-falklands-oil-international-courts
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