With the Algarve’s anti-oil campaign trying its best to get heard, Partex oil company boss António Costa Silva has gone on air to confirm the first drilling well for natural gas will be up and running by October.
Talking to Antena 1 radio and Diário Económico, Costa Silva said there would be no sign of the well from the shore. It is to be sited 40 to 50 kilometres off the coast of Faro, with “everything going ahead on the seabed”.
Portugal has to create wealth, he told his interviewers, adding that what is important is to “try and understand how the country entered the 21st century and left the economy stagnated in the 20th century”.
He stressed that an inventory of Portugal’s natural resources was “a mission of national sovereignty”, adding that: “Only afterwards should there be discussion on whether or not exploration should go ahead.”