• 4 minutes Ten Years of Plunging Solar Prices
  • 7 minutes Hydrogen Capable Natural Gas Turbines
  • 10 minutes World looks on in horror as Trump flails over pandemic despite claims US leads way
  • 13 minutes Large gas belt discovered in China
  • 1 hour Rioting and Protesting
  • 3 hours Trump waves a Bible
  • 3 hours Anti-Lynching Bill
  • 11 hours Model 3 cheaper to buy than BMW 3 series.
  • 6 hours Thugs in Trumpistan
  • 12 hours Sudan Rice claims Russians are behind recent US riots
  • 12 hours National Guard kills again
  • 11 hours China to Impose Dictatorship on Hong Kong
  • 11 hours Coronavirus hype biggest political hoax in history
  • 2 mins Let’s Try This....
  • 11 hours We Are Better Than This
  • 21 hours China’s Oil Thirst Draws an Armada of Tankers
  • 12 hours Obamagate Is Not a Conspiracy Theory
  • 1 day WHY was George Floyd Murdered and Why Publicly

What Russia’s Arctic Attack on Greenpeace is Really About

Bottom Line: The recent detention of Greenpeace activists in the Arctic display Russian fears of losing absolute control over Arctic waters and specifically over the Northern Sea Route that makes a convenient shortcut from the Atlantic to the Pacific.  

Analysis: Almost half of the entire Arctic is laid claim to by Russia—and a lot of this territory is likely to have major oil and gas deposits. We are decades away from even being able to drill in the northern most Arctic territory that will likely be disputed by Russia, Canada, Greenland and the US. But that ice IS melting, so it’s only a matter of time. Though these are technically international waters, Russia is patrolling the area with great vigilance. An old military base on the New Siberian Islands has been recommissioned, and a flotilla of some 30 ships has been deployed, including four icebreakers and a nuclear cruiser—all with the aim of securing the Northern Sea Route.  

In the meantime, the Greenpeace activists on board the Arctic Sunrise detained on 19 September were protesting Gazprom’s drilling in the southeastern part of the Barents Sea (the Pechora Sea), and this is nowhere near the Northern Sea Route and lies in undisputed Russian territory, but it was a prime opportunity to demonstrate Moscow’s relentlessness in the Arctic for all to see.   

Recommendation: The ice caps are melting, and Russia’s vigilance in the Arctic tells us one thing…




Oilprice - The No. 1 Source for Oil & Energy News