conference in Torshavn, to compare the effects on Norway and Newfoundland. In Norway, the contribution of the petroleum industry to the national gross domestic product (GDP), after decades of activity, recently [...] resulted in significant government revenues, permitting expenditures on such things community swimming pools and homes for the elderly. However, these types of initiative can only be sustained in the long [...] social spending and the development of an oil fund is accompanied by the provision of ?real world? business opportunities to Faroese business-people. Fortunately, given the size of the Faroes economy and

will be placed in the hands of the practiced professionals from the Foreign Office who will do everything to ensure that the visitor leaves with the best impressions of the host country. They will be wined [...] by Louis Wilson In the early years of the century the threat was all too visible to the Faroese. Large fleets of British steam-powered trawlers could be seen crowding the fishing grounds right up to a [...] this unique country at first hand. Many of them would no doubt return to Britain captivated by the beauty of the scenery and the special qualities of the people in the Same way as William Morris, John Buchan

(Greenpeace has been given leave by the High Court in London to challenge the British Government on west of Shetland). No-one should be in any doubt about the fact that the UK Atlantic Frontier has lost its [...] is close to the new boundary and started the 214/4-1 well on April 26. Wood Mackenzie says of the quest: »The operator is believed to be targetting a sizeable gas structure to the north of the block, close [...] grounds. The fact that only one dissenting voice was heard when the Faroese parliament debated the terms of the agreement means the deal must have been fair to the fishing industry. It it was not, the fishery