AGP Executive Report
Last update: 9 hours agoSea Lion Investment: The UK has approved the £1.55bn Falklands oil project, backed by Rockhopper and Navitas. Argentina’s legal challenge and threatened sanctions leave companies facing added uncertainty; Washington is also concerned the sanctions bill could affect US firms. Industrial Development: The Falkland Islands Government has raised industrial land release prices by 143%, to £50 per square metre, prompting concerns about the effect on economic growth. Officials say they hope to find a balance. Stanley Marina: A Falkland Islands Development Corporation feasibility report sets out a concept design, costs and key considerations for a proposed new marina. Retail Supply: Doncaster’s Topping Pie Company is sending its first shipment of pies, quiches and sausage rolls to Stanley, where the products are due at Chandlery Supermarket within three weeks.
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