Policy & Economic Development Unit

Oil & Gas

The Policy & Economic Development Unit co-ordinates the work of the FIG Oil Readiness Group to ensure that all Falkland Islands legislative and regulatory issues are fully addressed and fit for purpose for the emergent hydrocarbons industry in the Islands. The Policy Unit also aim to maximize the opportunities for local businesses and people to benefit from current oil and gas exploration activity and any future exploration, development or production activity.

The Policy & Economic Development Unit also provides strategic research on the possible impacts of the proposed oil developments and how the oil industry will affect the Islands socially, economically and environmentally.

The Unit recently reported a wider perspective of the socio-economic impacts of oil and gas in the Falkland Islands.