From Buenos Aires Times · · 1m 20s
Milei pushes legal action over Malvinas oil project
Argentina seeks tribunal to block UK oil project in disputed waters.
In brief
Argentina seeks tribunal to block UK oil project in disputed waters. Argentina will ask ITLOS to halt UK and Israel's Sea Lion oil project in disputed Malvinas waters after Britain ignores deadline. Originally reported by Buenos Aires Times.
Deadline expires
Argentina's government prepares to ask an international tribunal to halt the Sea Lion offshore oil project near the Malvinas Islands after Britain ignores a two-week deadline set by President Javier Milei.
Sea Lion project details
The Sea Lion field lies 220 kilometres north of the Malvinas Islands, claimed by Argentina but controlled by Britain since 1833.
Project ownership
Navitas Petroleum holds 65 percent stake in Sea Lion, with Rockhopper Exploration owning the remaining 35 percent.
Production plans
Both companies plan to start producing oil in 2028 after drilling early next year, aiming for up to 55,000 barrels a day initially.
Argentina's demand
Argentina requires companies to choose between operating illegally in disputed territory or doing so profitably and safely in Argentina.
UK response
Britain rejects Argentina's position, backing the development of the islands' natural resources and calling Argentina's measures 'illegitimate and legally unjustified'.
Arbitration push
Argentina will ask ITLOS to impose provisional measures while the wider arbitration proceeds under UNCLOS/CONVEMAR.
The big picture
Argentina will ask ITLOS to halt UK and Israel's Sea Lion oil project in disputed Malvinas waters after Britain ignores deadline.
