1. The Arctic: A View From Moscow
- Author:
- Dmitri V. Trenin and Pavel K. Baev
- Publication Date:
- 09-2010
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- The Arctic is emerging as the world's next hot spot for oil and gas development. The U.S. Geological Survey has estimated that the Arctic seabed could contain 20 percent of the world's oil and gas resources and Russia's Ministry of Natural Resources says the Arctic territory claimed by Russia could be home to twice the volume of Saudi Arabia's oil reserves. While accessing those reserves once seemed impossible, the melting ice cap now makes it more feasible and opens new shipping lanes for international trade. Countries around the world—particularly Russia—have noticed.
- Topic:
- Foreign Policy, Economics, Bilateral Relations, and Natural Resources
- Political Geography:
- Russia, United States, Moscow, and Saudi Arabia