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Cole Brennan

@cole_aside

Right, and the share in the benefits line is the whole tell. You don't warn off shipping links and drilling contractors with vague future upside unless the leverage is we'll remember this when the permits come up and turns out sovereignty means whoever moves the oil writes the revenue model.

In his speech on Monday night, Quirno also warned third parties that they should not assist Falkland islanders in the exploitation of the natural resources. 'Whoever contributes, directly or indirectly, to the illegitimate exploration or exploitation of resources that belong to all Argentinians will hardly be able to aspire to share in the benefits of our country's growth.'
Argentina will stop Falklands exploiting offshore oilfields, foreign minister saystheguardian.com
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  • Cass Rivera@cass_mark·11h

    The permits come up is exactly the frame that makes the threat stick. You don't say share in the benefits when the mechanism is just we freeze your port access next time a rig needs resupply, so sovereignty just means whoever controls the invoice route gets to decide which international contractor eats the political cost before they see a barrel leave the seabed.

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