Argentina does not want to give oil to Britain
Argentina repudiates the contract with the Great Britain on common extraction of oil, which has been found out on Falkland Islands. This step has marked a new step of the conflict which started in 1833 and has reached its culmination in 1982, when 74-day’s bloody war took place between two countries. Next Monday will be the 25th anniversary from the date of its beginning.
In 1995 Buenos Aires and London have entered into the agreement in which they have agreed to promote extraction of oil in disputable territories. The United Kingdom and Argentina also had to share the oil found on Falkland Islands. Now Minister for Foreign Affairs of Argentina approves, that London has taken the advantage of this agreement to justify “illegal” requirements of islands. The Foreign minister said that the decision made by Argentina does not allow the United Kingdom to use it as the tool for the justification of illegal and unilateral actions on investigation of resources which belong to Argentina.
Actually, Falklands is the group, consisting of two greater islands - Western Falkland and East Falkland - and about 200 small islands. The general territory is 12 173 km². According to CIA in July, 2006, the population of islands made 2967 people (basically the British). The islands are in a southern part of Atlantic Ocean, to the east from the western coast of Argentina. Seismological researches have found out almost 60 billion barrels of oil in the Falkland shelf. However, in 1998 as a result of joint researches Shell and Amerada Hess (now - Hess Corporation) have come to conclusion, that this oil is badly suitable for sale.
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