Jižní Amerika

Argentina Starts Falklands Oil Sanctions Process Against 45 People and Firms

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Zveřejněno

Courtroom-sketch editorial illustration of Stanley's waterfront settlement beneath a rocky Falklands ridge, viewed across dark blue water and rendered in warm ochre and slate-blue pastel strokes.

Argentina’s government said late Friday that it had begun sanctions proceedings against 45 people and companies accused of involvement in Falklands-area oil exploration and production. Decree 868/2026 gives the Foreign Ministry enforcement authority under Law 26,659, with suspected violators generally receiving 10 business days to respond. The law allows five- to 20-year bans on operating in Argentina and possible reversal of Argentine hydrocarbon concessions. Rockhopper and Navitas said their Falkland-issued licenses remain valid and that Argentina’s actions should not materially affect the Sea Lion project or its timetable for expected production in 2028.

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