Minutes after the publication of Agenda Malvinas , about the presence of Navitas Petroleum directors in Puerto Argentino, where they are ratifying their exploration plan for the world-class field located 218 km north of the archipelago they call Sea Lion or Leon Marino; Governor Gustavo Melella , through Twitter, said that “in the event that the United Kingdom and this company decide to move forward with this unilateral action, in violation of resolution 31/49 of the #AGNU and current national and provincial regulations, it will be will proceed to take the corresponding administrative and legal measures.”
“We have become aware of the presence in our #Malvinas Islands of a delegation of the Israeli company #Navitas with the intention, together with the illegitimate and pretended British “government”, to advance in the exploitation of our hydrocarbon resources” the tweet explains. governor; Therefore, he anticipates, that in the same way that the construction company BAM Nuttal did, "for intending to carry out actions in #Malvinas without the due authorization of the provincial authorities, we will proceed in the same way with each company that is unaware of Fuegian jurisdiction over our Islands" to use “all legal tools at our disposal in pursuit of our rights.”
We have become aware of the presence in our #Malvinas Islands of a delegation from the Israeli company #Navitas with the intention, together with the illegitimate and pretended British “government”, to advance in the exploitation of our hydrocarbon resources.
— Gustavo Melella (@gustavomelella) September 29, 2023
The negotiations between the oil companies Navitas and Rockhopper - the latter, the illegitimate owner of the concessions granted in 2010 by the kelpers -; They began in 2021 from negotiations that concluded in 2022, with the acquisition of the Israeli company, 65% of the share package. This, with the commitment to make the necessary capital contribution so that, in this way; begin the extractive process north of the Malvinas.
Until 2018, Rockhopper estimated around $1.6 billion as sufficient funds to begin drilling and extraction.After a thorough review, they reduced that amount to 1.25 billion.
