place in the Himalaya mountains in 1977 and took up residence in the Pakistani-Indian community in London. There he has lived and worked appearing as a seemingly ordinary man. Benjamin Creme has travelled [...] all" It took the gatering almost twenty minutes to calm down after the man had left in a car belonging to a mr. Gurnam Singh, who had offered to give the man a ride. What happened next gave mr. Gurnam Singh [...] release of Nelson Mandela and more. One prediction that has yet to emerge is a global stock market crash. Maitreya comes not as a religious leader but as an educator in the broadest sense. He will point
community. Let me first say that my general impression is that the activities on the whole have been carried out in a satisfactory manner. However I still think that this conference is a good forum for dialog [...] studies over the coming months. If we see hydrocarbon production on the Faroe Shelf in the future, the local industry will also face a new challenge with a marked increase in activity. According to the Faroese [...] activities - as you probably know - shall be conducted via the Faroe Islands and that stipulation has meant that the oil companies and their contractors have to turn their focus towards a new market to find
In the Faroes not a single drop of oil has been produced yet, but this situation has not prevented income from large oil revenues. In total the Faroese society has made app. 200 million kroner directly [...] included in the overview. It has to be said that several of these projects are being conducted at foreign institutions and universities, and therefore it is difficult to evaluate how large a part of the [...] for the Faroe society. It is all a question of definition”, Mr Joensen points out. He stresses that the overview is only intended to highlight what incomes the various posts in the overview have generated
this background it is possible to make predictions of what you may find deep down, but one is always taking a risk, and you will not know if you find anything, before you actually hit it with the drill [...] to give a brief overview of what kind of entity our country is, and what kind of challenges and possibilities lie ahead. You may be aware that the Faroes as an autonomous country constitute a special territory [...] the EU, in many ways to engage in negotiations and deals, which we think will provide better opportunities in the future. - - - - Regarding a coming oil industry, it is immensely important that our government
implemented a so-called “global taxation system”, which means that all activity in a specific area was accordingly taxed in that area. Many birds nests to unravel - “Through this dual tax agreement you should [...] made it known that their interest in having oil activities based in the Faroes is very much linked to exactly this agreement”. The situation has been that both the UK and the Faroes have each in their [...] operate in the Faroes. The taxation system has been quite unclear and for many oil companies based in London, this unclear situation has created problems. The new taxation agreement however has turned things
drilling in 2006. It has to be said that the company has been very active since the first bidding round in 2000. Sosialurin has asked Mr Rúni M. Hansen, the StatoilHydro CEO in the Faroes, what we can expect [...] company in four licenses and are a partner, with a 30% stake in a fifth license. Just one of these licenses stems from the first bidding round in 2000 – the so-called “Brugdu” area, where we drilled a well [...] activities in Greenland. Lately, it has been rumoured that large amounts of hydrocarbons lie hidden in the Greenland subsoil. StatoilHydro has been the operating company for a significant large project in the
have been drilled in the Faroese sector, and none was successful. Also, it has been made clear by the Faroese authorities that it was their intention to land Faroese oil in Faroe in an attempt to gain [...] discoveries are not big enough for a terminal in Faroe, then we are hopeful, that it should be viable to connect into Sullom Voe Oil Terminal.« However, he acknowledges that it is very early days yet to speculate [...] of by-passing both island groups. Only in October, Sullom Voe Oil Terminal received a major boost, when BP announced in Aberdeen that the company and its partners in the massive Clair oil field ? 75 kilometres
which in turn acted as a catalyst for Irish tourism. One consequence of this reform was that people started opening their homes to foreign travellers and making a business out of it. This led to a great [...] Unspoiled Territory to Explore What advantages do the Faroe Islands have as a travel destination? The fact that our country is a small archipelago in the middle of the big ocean in the periphery of western society [...] 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 industry yet, it is essential that we do our best to meet this
and exactly what progress has been made in Faroese waters. And one can only be impressed by the preparations that have already been made. To take one example the achievement in drawing up a whole new body [...] together. It would be difficult to talk of there being a Faroese community in any meaningful sense. After the event on 18 February you have the feeling that a transformation has been completed. One had the [...] homeland and a base for social functions and cultural activities. In this context the sight we hope to see soon of the Faroese flag flying in Sloane Street takes on a huge symbolic value. On a personal note
proceeded to found Rome. A few odd centuries later in 1639, Jónas Bronck sailed westward across the Atlantic in his sturdy Fire of Troy and settled a bit of land in the new world that would later be known [...] Holland, not surprisingly, a book on how to build a windmill. Apparently for years it was the largest collection of books in America. Now Jónas knew the realities of living in a harsh environment and he [...] to adopt. A case in point involves that remarkable bit of technology known as digital terrestrial television (DTT). After analogue TV was shut down in the Faroes, a local company launched what is reputedly