for faroese fish products.Generally the market was favourable with high prices, which the european markets generally could not compete with. Both the faroese fish industry and the faroese society benefited [...] opportunities. We have high hopes for a Faroese oil industry and no doubt we will see more to US companies in this field in the coming years. Of course Faroes is a small market with an annual import value [...] fish industry started to export frozen fish to USA. This export was a co-operation with the Icelandic company Cold Water which had established themselves in USA and very successfully marketed icelandic fish

however, that if we end in a situation where we impose demands we are not capable of administering we will not create growth and we will make no progress, says Mr Rasmussen. – Instead we should make it interesting [...] says we should be careful not to impose demands we cannot follow up on. One of the demands he has in mind is the demand of a Faroe quayside. He thinks that as long as we are exploring for oil, we can defend [...] question how do we follow up and control such a demand if an oil industry emerges. – I am not saying that such a demand is right or wrong, I am just saying that we should think carefully so we do not create an

of sufficiently good quality to extract, says Eli, who does not think that the oil should be extracted and taken to the Faroes. It does not make sense to transport the oil to the Faroes and then export [...] terminal and lay new pipelines to our islands. In Shetland, we find an oil terminal with all the equipment necessary; we can, sell the oil to them and take the proceeds home again. If it later on appears that [...] chose Runavik. This means that foreigners and people with knowledge of the oil industry chose Skalafjord. - We have now six years of experience with supply base service, and the Oil Companies who have done

survival of the human is by killing the animals for food. We must respect the nature. Live with it, from it, and therefore we must do the hunting with respect for the sustainability. Sustainability are values [...] claims the opposite. We are aware of the whale stock, which recognized research tells us is not threatened. Though Sea Shephard claims the opposite. And we don´t hunt more whale than we eat! Though Sea Shephard [...] so intelligent. Does such logic say that we must treat creatures depending on how sweet and intelligent they are? That´s scary! But if we stay with that view, we allready know that many animals are more

laden wallet that petty change is probably not why he is visiting. He has a story to tell. And a man who has been sparring with Al Gore for eight years should be able to convey a message to us about what [...] he did have an enormous impact on the development of the Faroese youth. Today we are facing a new challenge and we should seize this opportunity, now that the whole world’s projectors will be focusing [...] where the social safety net is supposed to catch everyone and ensure that we all get the same opportunities in life. This is not how the American system works. The fierce American capitalism selects its

mind you – here we are talking about an immensely huge haystack! Not only that – most of the haystack we can’t even see, and must just guess about its size and composition. Of course, we know that modern [...] our society. That is also why we are still expand­ing our degree of political independence. We are convinced that no one is better situated to plan for our own good and take decisions concerning the direction [...] people. When we talk about a coming oil industry in the Faroes, we must also remember that there are other implications to the is­sue. Environmental implicati­ons, not least. And here we have at least

unspoiled territory to explore. We Mustn’t Throw the Baby Out with the Bath Water So in a way, the Faroes sell themselves as a tourist destination, but since we have not really developed a real tourism [...] websites we, of course, have to have effective strategies. This is a very small country and our budgets are equally small – so we must know how to get attention in a way that is not too costly. We have to [...] poles. But they might not realise that – not until they experience in flesh and blood what peace and tranquillity really means. Peace and tranquillity is probably not the main reason why people want to come

culture and history. We all share a profound love for our country and our heritage. But we have not been so proud of having what we think is probably the worst weather on earth. We cannot imagine that people [...] is about people and how we interact. And it is crucial that we use our human resources and the creative potential, we all possess, to the fullest. Succes in Creative Businesses We do have some success stories [...] crucial that we use this as an opportunity. To stay competitive, we have to be inventive and learn how to develop new concepts and fresh thinking. And when setting our goals and objectives, we have to be

reason why we have succeeded in living here, and still do, on a few rocks scattered in the middle of the North Atlantic Ocean, is that we have managed to combine the best of our ancient traditions with all [...] believe in all modesty, that we do not have so much to offer the world. To the rich and advanced world, we can offer an unusually clear ocean and land environment. We exist, to a large extent, by producing food [...] this we have a particularly beautiful nature with a rich bird life. We have our own University and a number of research institutions, all aspiring to the highest international standards. The best we have

known. ?We?ve spent the time since the first well reassessing looking at our data together in the West of Shetland,? said a senior BP executive. ?We are much more realistic about what we need to do. We will [...] a government oil and gas official. ?We included acreage close to the Faeroes in the 19th licence round. We need to do more environmental work in the area before we can open acreage there once more,? he [...] corner of the island?s offshore waters, it is likely that attention will turn to the northeast. The west of Shetlands region is vying for petroleum exploration cash with surrounding areas, including offshore