glow for the past 25 years - a sight as familiar to residents as the stars that fill the clear skies above the islands. Islanders treasure the winter spectacle of the aurora borealis. But the source of [...] calculate. The sums involve the wages paid to staff and contractors over the years, the service industries that benefit from oil-related work and the dues Orkney?s Harbours Department charges the tankers [...] many of the benefits of oil developments without many of the less acceptable aspects.« »One of the big advantages here was the creation of the terminal on Flotta, a small island well away from the main centres

and subject to the ordinary tax legislation If the wage earner or the businessman is tax liable subject to both the Hydrocarbon Tax Act and subject to the ordinary tax legislation, the »derivative income« [...] to the rules applying to the Faroese International Register of Ships (FAS) that came into force in the beginning of the 90?ies and the rules of taxation on crew?s wages that came into force in the second [...] taxation on crew?s wages. The objective of the FAS arrangement is that the shipping companies get refunded a part of the wages paid to their employees. The objective of the special rules for taxation

be a sealing mechanism to contain the hoped for prize? The Marjun success represents a one in three hit rate for the Faroes. This is good for the European sector of the Atlantic Frontier, especially when [...] that, there is the West Africa bonanza, which for now seems unstoppable. On the opposite side of the Atlantic to the North Sea, the story of oil has also been slow to unfold, though the potential of Eastern [...] water, close to the UK/Faroe boundary in the White Zone, the well was drilled to a total depth of 4275m in a deepening operation, after reaching the commitment depth of 3830m. While the other two wells

be too disruptive to be good for us.? However, the debate in the islands quickly focussed on whether the oil harbour and the ground the terminal stands on should be in public or in private ownership, he [...] to come anyhow, and the more we could control and be part of the development, the more money we could keep in the community and create the facilities for the future.? Subsequently, the council?s representatives [...] set-up in which the council runs the terminal?s harbour, ensuring high environmental standards, but also drawing an income for the good of the whole community. The local authority was also enabled to buy

with the Faroese. At least we are clear about which of the wells to date have essentially failed ? all but the Marjan probe drilled by Amerada Hess. The failure of the only well drilled during the 2003 [...] this year floated on the UK?s alternative investment market (AIM), the news from Marimas was awful, even though CEO Graham Stewart shrugged it off at the time. The expression, "good reservoir quality sandstones [...] commercial or is it not? That is the question being asked in the wake of conflicting reports. The 12/2-1z Rockall Basin well drilled last year appeared to encounter a significant oil column. The Department

Mósebók Jødanna: When a person does a good deed When he or she didn t have to God looks down, and smiles and says »For this moment alone It was worth creating the world.« [...] Inverness, Glasgow og Edinburgh. Í listaskránni verður Sofus Olsen takkaður »on whose tireless interest the project largely depended.« Í 1975 fekk hann skotska myndhøggaran og málaran Ian Scott higar at hava

Mósebók Jødanna: When a person does a good deed When he or she didn t have to God looks down, and smiles and says For this moment alone It was worth creating the world. [...] Inverness, Glasgow og Edinburgh. Í listaskránni verður Sofus Olsen takkaður on whose tireless interest the project largely depended. Í 1975 fekk hann skotska myndhøggaran og málaran Ian Scott higar at hava

To Risk To Regret 4Nelly FurtadoAll Good Things (Come To An End) 5Red Hot Chili Peppers Snow (Hey Oh) 6My Chemical RomanceFamous Last Words 7Gwen Stefani ft. AkonThe Sweet Escape 8Take ThatPatience 9Fall [...] Missy ElliotLove Me or Hate Me 11Justin TimberlakeWhat Goes Around 12Nik & JayI Love Ya 13EvenescenceLithium 14Akon ft. Snoop DoggI Wanna Love You 15MikaGrace Kelly Eykaløg - The FrayHow To Safe A Life [...] Furtado & Justin TimberlakeGive It To Me -U2Window In The Skies -Fergie ft. LudacrisGlamorous -KristleifFlowerplayer Tjeklisten 1Nelly FurtadoAll Good Things (Come To An End) 2NephewScience Fiction og Familjen

FurtadoAll Good Things (Come To An End) 10Robbie WilliamsBongo Bong And Je Ne T’Aime Plus 11MikaGrace Kelly 12Fall Out BoyThis Ain’t a Scene, It’s an Arms Race Video 13The Corrs ft. BonoWhen The Stars Go [...] es 20The FrayHow To Save A Life Top Of The Pops 1Proclaimer, B Potter & A Pipkin(I’m Gonna Be) 500 Miles 2Sugababes vs Girls AloudWalk This Way 3Avril LavigneGirlfriend 4Gwen Steffani ft. AkonThe Sweet [...] 13Camille Jones, Fedde Le GrandThe Creeps 14Nelly FurtadoSay It Right 15TwangWide Awake 16 Calvin Harris Acceptable In The 80s 17P Diddy ft. Keysha ColeLast Night 18GossipStanding In The Way Of Control 19Kelis

of a new political strategy the Faroese Government decided to merge the Trade Council and Tourist Board in the beginning of this year. This was done in the realisation of the fact that development of trade [...] director of the organisation. Unspoiled Territory to Explore What advantages do the Faroe Islands have as a travel destination? The fact that our country is a small archipelago in the middle of the big ocean [...] Another classic excursion is the »concerto grotto«, where musicians and visitors go on a boat trip into one of the deep caves under the islands. Once inside, the music starts, and the natural sounds and unique