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Page added on December 28, 2009

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U.K. mounts warfare exercise in Falklands

STANLEY, Falkland Islands (UPI) — British forces mounted a warfare exercise involving navy and air force personnel in the Falkland Islands, scene of a 1982 conflict between Argentina and Britain and more recently of intense oil and gas exploration activities.

The two-day operation, code-named Cape Bayonet, simulated an enemy invasion in which the British air force’s Typhoon multi-role fighter and navy ships took part, MercoPress reported.

The Falklands are a British Overseas Territory and recently attracted attention because of stepped-up activities centered on major offshore oil and gas deposits that scientists suspect may rival those of Britain’s North Sea oil reserves.

Some estimates have put the Falkland Islands’ undersea oil deposits at 60 billion barrels, drawing speculative investment from London’s financial district. More cautious analysts say that, although potentially huge, the Falklands’ hydrocarbon deposits may be expensive to extract and commercialize due to lack of key infrastructure connecting the islands with world markets.

UPI



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