0.625
%
Positive
72
mm boe
0
%
Issues between operators and government officials remain outstanding, but there appears to be, currently at least, an open dialogue between the two. While modest in its risk weighting, the outlook remains dominated by the concern that once production is underway, further changes may be retrospectively applied.
January 6, 2024
Americas - South
mm bbl
bcf
Southern South America, islands in the South Atlantic Ocean, about 500 km east of southern Argentina.
Concession
Simple Concession-based fiscal regime, with only royalty and corporate income tax payable.
The vestiture of Milei represents the possibility of a new era for Argentine/Falkland relations, and although 99.8% of the population voted to remain a part of the UK, it still operates independently.
Source: ESRI, Heritage Index, HMG Foreign & Commonwealth Office, US Department of State, International Trade Administration, International Law Review, Ernst & Young, Wood Makenzie & OGA data.
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