the Norway, Scotland/Shetland and Ireland. There is mounting concern both in the UK and Norway with regard to this. That so little data has made it into the public domain does not help. If Australian Stock

a lot of exploration going on to the West of Shetland and to the East of Faroe, and therefore we regard this as very significant development.« This statement, although not 100% accurate1, highlights the [...] islanders longing for the influx of a completely new world. In fact, considerable concern was voiced as regards to the impact the advent of the oil industry would have on the islands? pristine environment, the

taxation on income derived from shipping and taxation on income derived from hydrocarbon activities. As regards income derived from shipping, reference is made to the rules applying to the Faroese International [...] the rules of taxation on crew?s wages that came into force in the second half of the 90?ies. As regards taxation on income derived from hydrocarbon activities, a special legislation came into force for

wined and dined and strenuous efforts will be made to meet whatever individual wishes they have with regard to sightseeing and meeting eminent personalities. No doubt the Løgmaður will feature prominently