Falklands has its own government (FIG), with the British Government responsible for foreign affairs and defence.
Has not signed the Paris Agreement. Expects to start extracting oil from 'Sea Lion' in 2027. Apparently more reserves than left in the North Sea (even if wanted to get it and be taxed to penury).
35pc stake with Navitas Petroleum having 65pc. 136 miles off the coast.
Will need further cash to achieve production. Apparently break even price of $24 (find hard to believe) but the discussion is open. Do I or don't I.
Macro wise gas is the way to go before small nuclear reactors come on stream 5 years down the line. US shale industry exports LPG. Britain buys it from wherever. Maybe Russia will start resupplying Europe next year as a fillip to stop the war and bring it into the elites global flock.
Argentina and Britain fought a short war over it as presumably both well aware of natural resources which 'belong' to the Islanders - there may be a 'chain saw' taken to legalities but if a 'shared' agreement then both countries could benefit and it stay 'hidden' a long way away from Westminster politics.
Perhaps one for the Public Service Pension Funds to be involved in when funding 'Make Britain Great Again' (sorry that's the next govt).
Oh and a Small Cap :)
