... all while counterbalancing the aspirations of the United States and NATO.
Western journalists regularly accuse Russia of militarizing the Arctic. In reality, Russia’s only real military presence here is in Arkhangelsk and Murmansk. These ports are Russia’s only access point to the world’s ocean. Strategically, there are no other viable options. Developing the Arctic economically through new shipping routes or oil and gas projects is made all the more difficult by the harsh climate, the poor existing infrastructure and the Arctic’s vast expanses. Today, there is no success story that Russia might use as a template to follow. Time and money are the only answers ...
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Паничкин И. Разработка морских нефтегазовых ресурсов Арктики. Текущее состояние и перспективы // Сайт Российского совета по международным делам (РСМД). URL:
http://russiancouncil.ru/arcticoil#russia
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Разработка морских нефтегазовых ресурсов Арктики: ридер РСМД // Сайт Российского совета по международным ...
Policy brief #8/2016
The decline in global oil prices that began in the summer of 2014 carries with it a number of risks in assembling ... ... including shale gas extraction projects, deep-water offshore projects and projects in the Arctic shelf.
In these conditions, despite the ongoing surplus of global oil production... ... international tensions into the Arctic against the background of sanctions may prompt Russia to consider involving non-regional actors, primarily Asian states, in the Arctic...
Developing Offshore Oil and Gas Resources in the Russian Arctic Shelf: Now and Tomorrow
Developing Offshore Oil and Gas Resources in the Russian Arctic Shelf: Now and Tomorrow
The Soviet Union started actively developing its Arctic shelf in the early 1980s. The most promising areas of the Arctic shelf were ...
... false. As the average age of drilling platforms is just 25 years, in contrast Shell’s fleet in Alaska is almost averaging 40. Also, rigs are not as monopolised as some think: 40% of platforms are operated by Rosneft, 34.7% by Gazprom, 8.3% by LUKoil and remaining 17% by the other Russian majors.
In all, whether the Arctic market proves successful remains to be seen, as a lot depends on other parts of the world which will ultimately determine the end price of fossil fuels that production could be pegged to. At the moment Canada made good progress with its own shale ...
... don’t have enough technologies and money and we look for those who do have them. And since we have a pretty difficult investment climate in this area, we compensate by a more liberal environmental regime. It is in Russia’s interest to develop the Arctic because the oil production elsewhere in Russia is on the decline. Many old fields are largely depleted. So the hope is that Arctic resources would compensate for this development. But the risks remain high. Andrey Zagorsky, director of IMEMO’s Department of Disarmament and Conflict Resolution....
