Cyprus-Forum.com

[Get Real!]

What is it with so many people these days expecting oil revenue to be “handed out”!

Since when do governments hand anything out, with the exception of Yialoser’s dole cheque?

[bill cobbett]

There is a direct analogy with oil found around islands, the UK itself. Oil was found off Scotland. How much of that oil wealth is handed out to the poor areas of southern England? How much say do the English have on Scottish oil?

It would be useful to know the British arrangements, so we can draw useful lessons.

And once again, ai gamisou pezevenghi Straw.

Erm ... a more relevant analogy vis-a-vis GB may be the oil/gas around the Falklands... which suspect goes a very long way to explaining GB support in the last few weeks for the sovereignty of CY when it comes to CY oil/gas.

[Hermes]

There is a direct analogy with oil found around islands, the UK itself. Oil was found off Scotland. How much of that oil wealth is handed out to the poor areas of southern England? How much say do the English have on Scottish oil?

It would be useful to know the British arrangements, so we can draw useful lessons.

And once again, ai gamisou pezevenghi Straw.

See here:

http://en.wikipedia.org/wiki/It's_Scotland's_oil

Given that Scotland is not a sovereign state, it has no effective maritime boundaries; and any claims Scotland may assert are subsumed as part of claims made by the United Kingdom. It could be argued that there is no definitive 'Scottish' sector of the North Sea in the same way there is a Norwegian sector or a Danish sector, or indeed a UK sector. However due to the existence of two separate legal systems in Great Britain — that of Scots law pertaining to Scotland and English law pertaining to England and Wales, constitutional law in the United Kingdom has provided for the division of the UK sector of the North Sea into specific Scottish and English components.[5] The Continental Shelf Act 1964 and the Continental Shelf (Jurisdiction) Order 1968 defines the UK North Sea maritime area to the north of latitude 55 degrees north as being under the jurisdiction of Scots law[6] meaning that 90% of the UK's oil resources were under Scottish jurisdiction.[7][8] In addition, section 126 of the Scotland Act 1998 defines Scottish waters as the internal waters and territorial sea of the United Kingdom as are adjacent to Scotland.[9] This has been subsequently amended by the Scottish Adjacent Waters Boundary Order 1999 which redefined the extent of Scottish waters and Scottish fishery limits...

A Scottish share of North Sea oil is never formally alluded to as part of Scotland's net fiscal position and is treated by HM Treasury as extra-regio resources.[13] The BBC economist Evan Davis however reported prior to the 2007 Scottish Parliament election that the Barnett formula already allows Scotland to sustain higher levels of per capita public spending relative to the rest of the UK, which is approximately equivalent to its disproportionatly high annual contribution of tax revenues to the central UK Treasury from Oil production.

[Nikitas]

Thank you Hermes and Bill for two useful posts.

So Scotland, despite being part of the UK for centuries has its own EEZ and primacy over the resources there.

The Falklands, as an iisland, have their own EEZ.

Both cases show how wrong the Turks and asshole Jack Straw are, and how bigoted.