Tag Archive: Russia makes fresh bid for Arctic region

on August 5, 2015 in World News

Russia makes fresh bid for Arctic region

Russia makes fresh bid for Arctic region which could hold quarter of the Earth’s undiscovered fossil fuels by Kashmira Gander Russia has put forward a fresh bid to the UN to claim a contentious portion of the Arctic shelf, which is believed to hold up to a quarter of the Earth’s undiscovered oil and gas. The Kremlin’s foreign ministry said that the government is attempting to claim 1.2million square km (over 463,000 miles) of Arctic sea shelf which stretches over 350 nautical miles (650km) from the shore. But to secure the huge area, Russia – whose economy is heavily reliant… View Article

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