posted on Dec, 22 2012 @ 09:15 AM
reply to post by ANDERSON23
Chevron have recently announced that they are investing in a joint venture with YPF in a shale oil / gas development project in Argentina so I guess
they might be the most likely collaboarators in any off shore drilling.
But nothing is set in stone - much may depend on the outcome of the Spanish owned Repsol's claim against the Argentine government for what they allege
is the illegal seizure of YPF.
Venezuela seems to promote the idea of South American unity etc at every given opportunity but recently they have been seriously pissing off many of
their neighbours, including Brasil who are the regional power house and an emerging world power.
And as question marks continue over Chavez's health who know's how things may change domestically in Venezuela.
China seems wrapped up in Africa and I doubt they would want the added complications of confrontation with the UK - China still depends an 'the west'
for quite a lot - but who can second guess the Chinese?
Even if Argentina does develop or gain access to the finance and technical capability to enable drilling the repercussions for them actually
attempting to do so within Falkland Island waters would be devestating to the Argentinan people and Kirchner's administration.
Argentina wouldn't stand a hope in hell if there was another military confrontation, (hopefully this will never happen).
The truly sad thing is that only relatively recently the UK offered to share costs and proceeds etc from oil and gas development around The Falkland's
The UK even offered to fund and build a massive oil refinery on the Argentinian mainland.
The proposal would have provided a much neede boost to the Argentinian economy which again is in dire straits.
For some reason Kirchner dismissed the offer outright - seems to me like the only people who will suffer are the ordinary Argentinian
edit on 22/12/12 by Freeborn because: typo