land on heating and in cars, and on the sea in our vast fishing fleet. We are aware of the serious challenges in this regard, and will do our utmost to combine an emerging oil industry with a process, where [...] energy. On the whole, I see good reasons to be optimistic, but at the same time careful, about possible oil findings and developments in a near future in and around the Faroe Islands in the near future. Thank [...] The main theme tonight is of course the Faroe Islands, and indeed the whole area between the Faroes and Shetland, as an area for oil and gas exploration. As a Minister for Research, I find it tremendously

crucial for the islands’ main export: salted cod. By then, the immense importance and total dominance of sheep and wool in the agricultural society had slowly come to an end, and the richness of the sea had [...] other terms, and it´s always delightful, especcially when up in the hills, to hear people naming and identifying the sheep. In the "Sheepbook", by Robert Joensen, there are around 250 names for the colours [...] building is a storehouse dating back to the eigtheen-nineties when it served as storage for salt, and for the shipping companies’ supplies with the sailmakers and their workshop. The storehouse and its activities

exchange ideas and extend boundaries. A visit from a former great president of the United States and a former UN weapons inspector is a rare event and Eik Banki welcomes Bill Clinton and Hans Blix. By Marner [...] to be inspired and reminded of how much you can achieve by setting your mind to it, and at the same time it is an opportunity to shed light on what we as a small society have to offer the world. ??At Eik [...] company anywhere in the world, bank or otherwise, which is why we did not hesitate to grant our support to the organisers of the visit. At Eik Banki we believe, that this visit is an excellent opportunity

dreams and wry humor of the poet's world while offering an unexpected glimpse of the power of the Faroese language. This excellent translation for the first time gives a wider audience the opportunity [...] sigur m.a. í síni niðurstøðu, at “The translator has meticulously and convincingly conveyed in English the startling, spare quality of Tóroddur Poulsen's poems, allowing readers to enter the shadowy dreams [...] to listen to a poetic voice from a vibrant culture that is largely unknown to the English speaking world.” Heiðurslønin er $2,000, eitt bronsuheiðursmerki, og harumframt verður ein partur av týðingunum

Chairman of the Board, AP ------ The last year has shown very strong growth in Atlantic Petroleum, AP. This is well reflected in the trust shown by investors and the markets in the AP share. An investor that [...] Exchange in Iceland in 2005 and OMX Copenhagen Stock Exchange in Copenhagen marked a significant develop­ment in the organisation of the Company. Meeting the require­ments for full transparency in all company [...] strongly rooted in the Faroe Islands. This has been an overarching principle in the Company’s strategy and it has been shown to be a strong commercial point overall. The listing of AP on the OMX Nordic Exchange

attention at the time and CNN aired the story. What event was this? Was this the Christ? All the worlds religions expect a further revelation from a future teacher. Christians expect the return of the Christ [...] Iceland On the 11th of June in 1988 about six thousand peoplewere gathered together in a religious gathering by the Bethlehem church in Kawangware in Nairobi, Kenya. Mary Sinaida Akatsa was preaching and praying [...] singing as the messenger had arrived. Jesus, Jesus, Jesus of Nasaret whispered the people and waved their hands. A tall man in white clothes and having a beard suddenly stood among them. The man walked

life as he or she pleases. And coming in as an outsider is no barrier to fitting in and utilizing what the country has to offer. It is made easy by the astonishing openness that the people has been conditioned [...] there, it’s just too far away, and isn’t the crime rate pretty high over there? Oh, but it’s great that you’re doing it! Living the American Dream!” In the reality of what is the United States, I have not yet [...] seemed too big to grasp fully, mysterious in some ways, and maybe even a little dangerous. The usual reaction I get when talking to people at home about studying in the U.S. is something like this: “I don’t

experts in the field fetal programming and developmental toxicity met in the Faroes for the first international conference on the subject. It was in the Faroes because one of the leading experts in the field [...] people in the western world, it still comes with a touch and respect of nature, and when you feel the natures power here in the North Atlantic, you don’t ask why. So what you might say is that the Faroese [...] changes of the current and we have one of the most respected scientists in the field, Bogi Hansen, here in the Faroes. Maybe this is where the question of climate changes can get answers. In May the worlds

active oil company in Faroe territory. StatoilHydro has been the pioneer in several areas in the Faroes and was the first operating company to drill in the Faroes. This was the “Longan” prospect drilling [...] agreements? A –“We are very active in Faroe territory. We are the operating company in four licenses and are a partner, with a 30% stake in a fifth license. Just one of these licenses stems from the first bidding [...] Rúni M. Hansen, the StatoilHydro CEO in the Faroes, what we can expect now third Faroe round is pending: -“It is too early to say yet, if we will participate in a third round. We are in the process of looking

necessary that the ship owner in question is a resident in the Faroe Islands. If the ship owner is a company it has to be registered in the Faroe Islands and its real head office has to be located in the Faroe [...] applying for the Faroes as well. The more special rules, the better it permits the taxpayer to plan his own state of affairs with the resulting difference in fiscal and financial outcomes, and ultimately [...] 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 half of the 90?ies. As regards taxation on income derived