A report yesterday from the pro-British media outlet Mercopress shed light on the plans and economic projections of the oil companies operating illegally in the Sea Lion oil field, located in the waters of the Malvina Islands under a British license.

According to data presented by the Israeli company Navitas , the project will generate significant revenue and a significant demand for infrastructure and labor in the archipelago.

At peak production in 2032, the established British colony is estimated to receive annual revenues of around 290 million pounds, equivalent to about $390 million. Over the project's lifetime, the local government could receive around 3 billion pounds, equivalent to approximately $4.03 billion, in taxes and royalties .

Regarding infrastructure and personnel, Navitas executives have indicated the need for significant expansion. The project includes the construction of a 150-bed hotel, as well as 40 staff housing units. It is estimated that between 62 and 84 additional housing units will be required by 2033.

The operation will also create a significant number of jobs. It is anticipated that 250 jobs will be created during the development phase. Once the project enters the production phase, this number is expected to stabilize between 170 and 180 direct jobs .

Finally, the report indicates that the company plans to mitigate the impact on air connectivity by hiring charter flights to transport all personnel involved , thus avoiding interference with existing commercial flights. This issue anticipates a dispute with Argentina, given that in such a case, the corresponding authorization would have to be obtained to carry out such an operation.