carving up the arctic
Did you hear about last week’s big Arctic conference?
- Nations meet over Arctic claims
- Russia confident its Arctic claim will succeed
- Russia’s Arctic holds 100 Bln tons of oil, gas
It was called by the Russians, held in Russia, and mostly covered by Russians. Canadians paid a lot of attention too, I think. Anyway, the Russians are getting right down to business:
- Surgut, Bashneft cleared to bid for Arctic oil fields
- The struggle for Arctic riches: Nuclear power at heart of Russia’s Arctic ambition
This strange construction, part ship, part platform, is unique and lies at the heart of Russia’s grand ambitions for the Arctic.
When it is completed in 2012, it will be the first of eight floating nuclear power stations which the government wants to place along Russia’s north coast, well within the Arctic Circle.
The idea is the nuclear reactors will provide the power for Russia’s planned push to the North Pole.
Meanwhile:
- Russian jets buzz US navy frigate in Arctic in Cold War-style show of force
- Russia denies creation of Arctic forces
Here’s a dissenting opinion about the importance of the Arctic. It’s from an oil industry perspective, though, which is quite different from a national perspective.
Even without the oil, the opening of new sea lanes is a big story in its own right:












