Argentina is trying to stop a planned oil project near the Falkland Islands. On October 13, the government asked the International Tribunal for the Law of the Seas (Itlos), a court in Hamburg that deals with disputes over the sea, to halt the project. Argentina says the UK approved the drilling without its agreement and in breach of Argentina’s rights to the seabed.
The project, called Sea Lion, is a joint venture between UK and Israeli companies, and has been licensed to produce oil by the Falkland Islands government. The Sea Lion field holds an estimated 1.7 billion barrels of oil, 500 million barrels of which is assessed as recoverable.
