Section 49 Sovereignty of the island of Tortuga

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Unfortunately, this super-giant oil field with reserves of more than 685 million tons cannot be exploited at present.

One reason is that, according to the relevant provisions of the United Nations Convention on the Sea (UNCLOS), the sea area extending from Tortuga Island to the 200-nautical-mile zone of the sea belongs to the exclusive economic zone of the Haitian government and government.

The Government of Haiti has sovereign and other jurisdictional rights over the natural resources of the region and the right to take certain measures to that end.

The oil fields located a few dozen nautical miles northeast of the island of Tortuga are within the exclusive economic zone of the Haitian government and government.

Chen Rui spent $77.81 million to buy the island, which was the ownership of 78.12 square kilometers of sparsely populated land in the eastern part of Tortuga Island, as well as some rights to the development of tourism resources and fishery resources in the coastal waters extending no more than 10 nautical miles, but the right to exploit natural resources such as minerals and oil was not included.

That is to say, the right to explore oil and the right to exploit oil fields also belong to the Haitian government and government.

Chen Rui wants to develop this oil field.

There are two ways to do this.

First, apply to the Haitian government and government for the right to explore and exploit oil in this area.

However, in doing so, the Haitian government will impose various restrictions on oil exploration activities and oil field exploitation, such as the exploitation life, which is generally 30 years or less, and the technical requirements for oil recovery.

Second, in addition to paying the Haitian government a large amount of oil exploration license fees and concession rights, this value may be 10 million US dollars or tens of millions of US dollars, and after the oil is produced, Chen Rui will also pay a large amount of huge oil royalties to the Haitian government and government every year, and this share ratio will usually reach more than 50%, and if the oil fields produce tens of millions of tons of oil every year, this share value will reach more than hundreds of millions of US dollars.

If it is determined that it is a super-giant oil field with reserves of more than 685 million tons, or even larger reserves, it will be difficult for Chen Rui to protect his interests in the oil field with his current strength.

For example, the Haitian government and government will nationalize oil fields.

This is very likely to happen, and its neighbors are good role models.

In 1936, Bolivia became the first country to nationalize foreign oil companies operating in the country, and two years later, Mexico forcibly nationalized all foreign oil companies in the country.

With the development of the national independence movement, nationalization quickly spread throughout Latin America. Latin American countries such as Venezuela, Argentina, Ecuador, and Trinidad and Tobago have joined the ranks of nationalizing oil.

Even in modern times, in March 2006, the Venezuelan government announced that it would scrap all oil development contracts signed with foreign oil companies in the 90s of the 20th century. In May of the same year, Bolivian President Evo Morales signed a summer decree announcing the nationalization of the country's oil and gas resources.

The second option is to obtain sovereignty over the island of Tortuga, including a territory of 180+ square kilometers, sovereignty over a territorial sea extending 12 nautical miles, a contiguous zone extending a further 12 nautical miles along the baseline of the territorial sea, and an exclusive economic zone of 200 nautical miles and a continental shelf as a natural extension of its land territory in accordance with the United Nations Convention on the Sea.

Within the exclusive economic zone, sovereign rights and other jurisdictional rights may be enjoyed over the natural resources of the zone.

How is it possible to gain territorial sovereignty over a sovereign state?

The idea sounds a bit fanciful.

It's not a time of war, I have defeated you, and I can force you to cede some of my territory to me.

It is important to know that there is a clause in the constitution of every sovereign state, that is, that territory is sacred and indivisible.

In many cases, a large-scale local war may break out between two countries over the sovereignty of a small piece of territory or an island.

For example, in order to recapture the 28 islands of the South and Spratly Islands that Vietnam had invaded and occupied, China fought a naval battle with Vietnam in the Sea of China and Vietnam.

Although the sale of territorial sovereignty may sound like a fantasy, it is not without precedent in the history of the world.

In 1803, Napoleon sold about 2.6 million square kilometers of Louisiana to the United States for 80 million francs.

In 1867, Russia sold more than 1.5 million square kilometers of the Alaska Peninsula and its surrounding Aleutian Islands to the United States for $7.2 million. It is equivalent to US$4.74 per square kilometre, making it the largest and cheapest transaction in the history of land transactions in the world.

Even in modern times, Venezuela's pillar industries have been hit so hard by the collapse of oil prices that it cannot afford to pay back $50 billion owed to China.

It is reported that Venezuela hopes to use Blancilla, a small island of about 64 square kilometers in the Caribbean Islands, to China to pay off China's $50 billion in arrears and pay $10 billion again.

In the same scene, Chen Rui purchased the operational space of Tortuga Island from the Haitian government and government.

In fact, the island of Tortuga has a precedent in Haiti's history to be sold, along with sovereignty.

In 1971, Don. Pierresson and Haitian politics. The government proposed a contract to acquire a concession to the island of Tortuga for a period of 99 years, in an attempt to establish a free port of Tortuga.

The so-called 99-year concession can refer to the 99-year lease of Hong Kong by the British to the Qing government and government.

Moreover, there are many favorable factors that will contribute to the sale of Tortuga by the Haitian government and government.

First, Haiti is one of the poorest countries in the world, one of the least developed countries, with a predominantly agrarian economy, extremely backward and extremely high unemployment, and two-thirds of workers without regular jobs.

A sky-high fee for selling the island, which may reach more than $10 billion, is a huge amount for Haiti's government and government's finances, and it will play a very important role in promoting Haiti's development and the improvement of the people's living standards in economic development, education, infrastructure, medical care, employment, and other aspects.

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