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Argentina to sue UK oil companies for being bigger cheats than Maradona

THE Argies have decided to try suing the British oil companies drilling off the Falklands. There is of course just one teensie, tiny, problem:

The Argentine foreign ministry on Monday declared “illegal and clandestine” the activities of Desire Petroleum, Falkland Oil and Gas, Rockhopper Exploration, Borders and Southern Petroleum, and Argos Resources on the grounds that they are drilling in Argentine waters.

President Cristina Fernandez de Kirchner said the companies were operating “in a sovereign area of the Argentine nation and as such fall within its specified laws and rules”. The companies “are not authorised by the Argentine government under law 17.319 on hydrocarbons”, she added.

According to the Argentine foreign ministry, her declaration opened the way for the “immediate launch” of criminal proceedings.

That problem being: where are they going to sue them?

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Posted: 6th, June 2012 | In: Money | Comment