Britain is preparing territorial claims on tens of thousands of square miles of the Atlantic Ocean floor around the Falklands, Ascension Island and Rockall in the hope of annexing potentially lucrative gas, mineral and oil fields, the Guardian has learned. The UK claims, to be lodged at the UN Commission on the Limits of the Continental Shelf, exploit a novel legal approach that is transforming the international politics of underwater prospecting.
| Boy howdy the Argentinians are going to be unhappy. |
Britain is accelerating its process of submitting applications to the UN - which is fraught with diplomatic sensitivities, not least with Argentina - before an international deadline for registering interests.
Relying on detailed geological and geophysical surveys by scientists and hydrographers, any state can delineate a new "continental shelf outer limit" that can extend up to 350 miles from its shoreline. Data has been collected for most of Britain's submissions and Chris Carleton, head of the law of the sea division at the UK Hydrographic Office and an international expert on the process, said preliminary talks on Rockall are being held in Reykjavik, Iceland, next week.
Mr Carleton believes the Falklands claim has the most potential for acrimonious political fallout. Britain and Argentina fought over the islands 25 years ago, and the value of the oil under the sea in the region is understood to be immense: seismic tests suggest there could be up to 60m barrels under the ocean floor. |