July 30, 2012

Argentina plans to explore for oil and gas next to the Falklands

As part of its “Malvinas noose tightening” policy the Argentine government is planning an international tender to offer licenses to explore for oil near the Falkland Islands, reports Buenos Aires main daily Clarin in its Monday edition, citing a letter to Congress by Cabinet chief Juan Manuel Abal Median.

Apparently the international bidding process will be carried out by Enarsa, Argentina’s state owned energy company and will be based on a seismic and geological report contracted by Enarsa with GC Technology Corporation under a plan called “Argentine Span”. Read more.

Mercopress

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