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Putin Says Recent North Pole Mission To Back Russian Claim To Arctic

Russia's claims prompted George W. Bush's administration to step up pressure on Congress to sign the UN Convention to be able to have its say on the body.
by Staff Writers
Moscow (RIA Novosti) Aug 08, 2007
The results of the Russian North Pole mission last week should be central to the country's case for ownership of a vast section of the Arctic, President Vladimir Putin said Tuesday. Russian researchers made the first-ever dive below the North Pole in two mini-submarines last Thursday, taking rock samples from the seabed to gather proof that Russia's continental shelf stretches out into the Arctic across the Pole.

Meeting with members of the expedition - veteran explorer Artur Chilingarov and Anatoly Sagalevich, a researcher who piloted one of the submersibles - Putin said: "This has yet to be discussed with our partners, or defended in international organizations. The results of your expedition must be central to Russia's case on the issue."

In 2001, Russia said it was entitled to an extra 1.2 million square kilometers (460,000 square miles) of the Arctic, claiming the underwater Lomonosov Ridge is a continuation of its shelf. The UN demanded more evidence.

As well as collecting geological samples, the explorers planted a titanium Russian flag on the seabed, 4,200 meters (14,000 feet) below the surface, in a symbolic gesture to claim the territory believed to contain natural gas, oil, tin, gold and other riches, likely to become accessible in future decades due to man-made global warming.

Although the gesture has no legal force, it irritated Canada, which has claimed part of the Arctic shelf since 1925. A Canadian diplomat mockingly said Russia was setting up shelf borders using 15th century flag-planting methods, an allegation echoed by the United States. The countries, along with Denmark and Norway, have a 322-km (200-mile) economic zone in the Arctic under the UN Convention on the Law of the Sea.

Russia's claims prompted George W. Bush's administration to step up pressure on Congress to sign the UN Convention to be able to have its say on the body.

Source: RIA Novosti

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A Venezuelan Oil Takeover
Miami (UPI) Aug 08, 2007
Efforts to nationalize Venezuela's oil and gas sector have increased government revenue by $5.8 billion a year since 2004, according to President Hugo Chavez. In a national address last week, Chavez said, "You can't have a socialist economist model - without including oil," a reference to his recent efforts to wrest greater state control of the country's petroleum sector. On May 1, Venezuela's state-run energy company Petroleos de Venezuela SA assumed majority control of the Orinoco River oil reserve, a move that added an additional $800 million to state coffers, Chavez said.







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