Britain will continue oil exploration in Malvinas

________________________________________________________

March 15, 2012
________________________________________________________

The British government rejected Argentina’s decision to sue the oil companies to exploit oil reserves in the Malvinas, ensuring that the Islanders have the right to operate this activity.

“Oil exploration is a legitimate business venture and the British government supports the right of the inhabitants of the islands to develop its hydrocarbon sector,” said a spokesman for the Foreign Office.

“This law is an integral part of the principle of self-determination, which is expressly contained in the international convention on civil and political rights,” he added.

Argentine Foreign Minister Hector Timerman identified the corporations involved in the sector under three levels: the oil companies, companies that provide “logistical support” and companies of “financial services and audits.”

“They are more than five companies and there are many different planes. All of them are a discredit to the UN resolutions. Britain is granting illegally licenses and is putting the spotlight of illegality to all these companies who will have to assume their responsibilities,” he said.

“We want Britain to meet particular resolution 2065, the first that talks about the peaceful resolution of the sovereignty of the Malvinas,” he said.