From squid to oil: How the UK is consolidating the illegal exploitation of the Malvinas waters through to 2047
While preparing the Sea Lion oil project to begin production in 2027, the islands' government has extended the fishing rights of the main companies operating around the archipelago for another 25 years. Leer más
The United Kingdom is advancing plans to exploit the natural resources of the Malvinas (Falkland) Islands' waters, according to Argentine wire material. This includes extending fishing rights through 2047 and a multi-billion dollar oil project in the Sea Lion basin, which began operations in April 2022. These decisions, which grant companies from Spain, Taiwan, South Korea, Vanuatu, and the United Kingdom access to fish resources within Argentina's exclusive economic zone, have been criticized as illegal under international and local law.
The British administration of the Malvinas Islands, under the leadership of Javier Milei, is consolidating this illegal exploitation strategy through 2047, potentially impacting the geopolitical landscape of the South Atlantic.
Written by urgent.news from Buenos Aires Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
