Offshore Industry: Falkland Islands

(asked on 1st December 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, if she will make an assessment of the potential impact of extracting (a) oil and (b) gas from around the Falkland Islands on the economy of the Falkland Islands.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 11th December 2023

The UK supports the right of the Falkland Islanders to develop their natural resources for their own economic benefit. This is an integral part of their right of self-determination. However, while there is an oil production project under active consideration, it is yet to be seen whether fossil fuel projects there will progress to production. This is a commercial decision for the companies involved, following the relevant regulatory requirements in the Falkland Islands.

Policy on hydrocarbons development – and its impact on the Territory (including its economic impact) - is a matter for the Falkland Islands Government.

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