News: By Source
Data collected by Russia over the period of Arctic research is sufficient for sending an updated application for the expansion of the Arctic shelf to the UN Commission on the Limits of the Continental Shelf, the Russian Ministry of Natural Resources and Environment reports.
[ More ]Russia will play a leading role in the development of the oil and gas deposits of the Arctic Region. President of the Russian Gas Society Pavel Zavalny says that the initial summary volume of all resources, which are being extracted in the Russian Arctic, has been increased and is estimated at 106 billion tons of oil equivalent now, including 69.5 trillion cubic meters of gas.
[ More ]Russia is setting up its new borders in the East. President Vladimir Putin has ordered the government to come up with proposals on official documenting of the extended continental shelf in the Sea of Okhotsk by the summer of 2014.
[ More ]The UN Commission has recognized the Sea of Okhotsk enclave stretching for 52,000 square kilometres part of the Russian continental shelf. It is a final decision, and it will never be reconsidered.
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