Argentina Vows To Imprison Those Who Drill For Oil In The Falklands

The Falkland Islands and South Georgia and South Sandwich Islands are British Overseas Territories. BBC

Argentina Declares War On Falkland Islands Oil Reserves, Warning Of 'Criminality' -- Express

ARGENTINA has declared war on the Falkland Islands’ oil reserves after the country’s Congress today passed a law imposing criminal sanctions on any “illegal exploration around Las Malvinas”.

The Argentine Embassy in London tonight issued a statement warning British companies and individuals they face prison sentences of up to 15 years.

Fines equivalent to the value of 1.5 million barrels of oil–about £100million at current prices–would also be levied.

The move by Buenos Aeries is a major ratcheting of the tension in the region and has triggered a furious response by the Foreign Office reminding Argentina that the Falklands are British sovereign territory.

The new law means companies would also be banned from operating in Argentina and any oil found or exploration equipment would be confiscated.

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More News On Argentina Threatening Falkland Island Oil Firms

Argentine threat over Falkland Islands oil operations -- BBC
Britain, Argentina in fresh row over drilling in Falklands-media -- Reuters
Drilling for oil in the Falklands now punishable with 15 years in jail -- The Guardian
Falklands oil firms threatened -- Belfast Telegraph
Argentina vows to jail Falklands oil explorers -- The Telegraph