EMerging Equity
Arctic
The Military Gambit Behind Putin’s Arctic Ambitions For Russian Oil
By James Henderson The United States Geological Survey has estimated that the Arctic regions contain around 130 billion barrels of liquids and 47 trillion cubic metres of gas, equivalent to 22% of the world’s undiscovered hydrocarbon resources. It is hardly surprising then that all the countries whose coasts encircle the region, the US, Canada, Greenland, Norway … Continue reading
Russia Submits 1.2 Million Sq Km Arctic Claim To UN … This Time Including The North Pole
“Russia made a new bid Tuesday for a huge swath of Arctic territory — including the North Pole — putting Canada in the position of potentially having to negotiate with the country to settle overlapping claims,” Montreal Gazette reports. According to the news agency: Canada, Russia, the U.S., Denmark and Norway have all been trying to … Continue reading
The Donut Hole At The Center Of The Arctic Ocean
Originally posted on cryopolitics:
The Donut Hole (and two other small ones to the south) at the center of the Arctic Ocean. On June 4, I wrote about issues surrounding the continental shelf in the Arctic Ocean. June 5 was National Donut Day. So that makes it a better time than ever to talk about the…
China, Iceland and the Arctic
Iceland is playing a growing role in China’s Arctic strategy. By Shannon Tiezzi China’s efforts in recent years to increase its presence in the Arctic can now be considered to have been a success. Until 2014, observers were surprised by the activities of Chinese diplomats, executives, and scientists in the region, and even debated “China’s … Continue reading
Russia, China Sign Raft Of Deals And Will Integrate The Eurasian Economic Union, New Silk Road
Russian President Vladimir Putin and Chinese President Xi Jinping on Friday signed a decree for cooperation in tying the development of the Eurasian Economic Union (EEU) with the New Silk Road economic project. Russia and China also signed a number of energy, trade, and finance deals on Friday, which are aimed at strengthening economic ties between the two nations. … Continue reading
Russia Positions Air Defense Systems In Arctic
Russia has positioned air defense missile and artillery weapon systems Pantsir (SA-22 Greyhound) and is planning to place MiG-31 (Foxhound) interceptor aircraft in the Arctic region, the deputy head of Russian Aerospace Defence Forces said on Saturday, Russia’s Sputnik News reports. “We have already placed there gun systems Pantsir. Deployment of MiG-31 on the Russian Arctic airfield is planned,” Maj. Gen. Kirill … Continue reading
Russian Oil: First Winter Shipment Heads To Europe Through The New Northern Sea Route Across The Frozen Arctic
“History has been made after the first winter oil shipment from Russia over the roof of the world left for Europe. The 16,000 tonnes of Novy Port oil set off from Yamal on board tankers that will be the first to navigate through the new Northern Sea Route across the Arctic” The Siberian Times reported. … Continue reading
Capacity Of Russian Arctic Ports To Grow By 60% Over Next 15 Years
An official from Russia’s port association expects Russia to increase the volume of shipments made via its Arctic ports to 115 million tons per year. By Sputnik News Russia is currently modernizing its existing port facilities and constructing new terminals in the Arctic. These efforts are expected to raise the port capacity of Russian Arctic ports from 72 to 115 … Continue reading
Commodities: Is The Arctic Home To The “New Great Game”?
By Steven MacMillan As a resource-rich region which is home to copious amounts of oil, gas, gold, and an array of other metals, the Arctic will be a theatre of geopolitical competition between NATO and Russia in the coming decades, along with attempts by NATO to contain Russia. The Arctic holds an estimated 13% (90 … Continue reading
Russia’s Rosneft To Invest $500 Billion In Arctic Exploration Over 25 Years
The Russian energy giant’s investments in the Arctic region’s development may reach $500 billion in the next 20-25 years, Energy Minister Alexander Novak said Friday. By Sputnik News Russian energy giant Rosneft will invest some $500 billion in the exploration of the Arctic over the next 20-25 years, Russian Energy Minister Alexander Novak said Friday. “Rosneft alone will … Continue reading
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