Shetland Islands Energy Reserves a Big Stake in Scotland Autonomy

Monday, 24 Mar 2014 12:50 PM

By Clyde Hughes

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Though the 23,000 people who live on the Shetland Islands won't impact the referendum on Scotland's autonomy from Great Britain much, residents have a big bargaining chip: the oil and gas reserves beneath Shetland's waters that play an important role in Scotland's economy.

Scotland will vote Sept. 18 on the independence referendum, which could begin complex negotiations between Edinburgh and London over Scotland's share of Britain's offshore oil and gas if residents vote "yes" for independence. The negotiations would include wrangling over Britain's national debt of upwards of one trillion pounds, the Associated Press reported.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll

A sizable amount of Britain's oil and gas reserves are under Shetland Islands waters, between Scotland and Norway.

"We want to make sure that out of this big constitutional debate, we decide what we want for our future, because Edinburgh doesn't tend to pay much attention to the islands," Tavish Scott, Shetland's representative in the Scottish Parliament, told the BBC. "(Scotland) doesn't have an economy if oil and gas doesn't happen. And that gives Shetland some leverage."

Scotland's independence is being hotly contested among voters and officials as the referendum approaches. 

A poll, conducted by ICM Research, found that 39 percent of 1,010 people sampled would vote "yes" for the nation's independence — up two percent from the previous month, according to The Scotsman. Of those polled, participants who would vote "no" dropped from 49 in February to 46 percent in March, with a portion of "don't know" or undecided votes at 15 percent, down one percent.

Meanwhile, The Associated Press reported that Shetland Islands residents want official recognition as a self-governing territory. Island officials say Scotland's constitutional debate could give Shetland the opportunity to gain their own independence.

Shetland has gained more attention from Scotland since large reserves were found off its shores in the 1960s. Sullom Voe, one of Europe's largest oil and gas terminals, brought jobs and new migrants to Shetland.

Editor's Note: Do You Support Obamacare? Vote in Urgent National Poll

Related Stories:

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Send me more news as it happens.
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Cambodia HIV Outbreak: 100-Plus People Diagnosed; Investigation Sought

Friday, 19 Dec 2014 18:50 PM

More than 100 HIV infections in a single Cambodian village have spurred the country's prime minister to ask for an inves . . .

Slender Man Case: Two Girls Competent to Stand Trial in Stabbing

Friday, 19 Dec 2014 18:26 PM

Two girls who allegedly stabbed a 12-year-old friend over the online game Slender Man are competent to stand trial for a . . .

Kate Upton Sexiest Woman Alive; Model Apologizes to Teen Brother

Friday, 19 Dec 2014 17:52 PM

Model Kate Upton was selected as People magazine's first Sexiest Woman Alive, a month after Chris Hemsworth received the . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved