Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
..
. 24/7 Space News .




ICE WORLD
Russia, Norway sign Barents agreement
by Staff Writers
Moscow (UPI) Feb 9, 2011


disclaimer: image is for illustration purposes only

Global climate change warming has opened possibilities for nations with arctic coastlines to exploit offshore energy resources in the usually ice-bound region.

Norway's Parliament voted unanimously to ratify a 2010 agreement with Russia delineating their arctic borders, which opens the possibility of developing the vast oil and natural gas reserves in the Barents Sea.

Parliament's Standing Committee on Foreign Affairs and Defense considered the delimitation treaty. Defending the agreement, Conservative party member Ivar Kristiansen said, "It is the committee's opinion that the agreement will be for the benefit of both nations and contribute to further stability in the area of the Barents Sea-Arctic Ocean and between nations, Norway and Russia."

The agreement lifts a moratorium on prospecting the natural gas and oil deposits on the Arctic continental shelf, Golos Rossii news agency reported Wednesday.

The talks between Russia and Norway took four decades to complete and affect an offshore area of 68,000 square miles.

The negotiations over the territory were resolved in phases, with the first agreement on the "Varanger-Fjord" being reached in 2007. In April 2010 Russian President Dmitry Medvedev made a two-day state visit to Norway and met with Prime Minister Jens Stoltenberg, further advancing the negotiations, resulting in a treaty that was signed by Norwegian Foreign Minister Jonas Gahr Store and Russian Foreign Minister Sergei Lavrov in Murmansk in September.

The 2010 agreement defined not only the maritime borders of the Barents Sea between Norway and Russia but covered fishery issues and maritime cooperation at sea issues as well, effectively ending the Russo-Norwegian territorial dispute.

The area in contention was shared almost equally, with both Russia and Norway making concessions. The agreement gives both countries clearly defined borders as well as exclusive economic zones and rights to their assigned portions of the continental shelf.

Russian Academy of Sciences academician Vasily Gutsulyak said: "What does Russia stand to gain from the agreement with Norway? Some people say nothing because the country gave up a certain chunk of its territory but I believe that certainty is better than uncertainty.

"On coming into force, the Russian-Norwegian agreement will lift the moratorium on exploring the vast oil and gas deposits of the arctic, a hugely important development now since the old deposits are seriously depleted and drying up."

The Russian Duma has to ratify the agreement a process that is expected to run smoothly. Store said: "According to signals I have received the Russian process is on track, even though it wasn't possible to achieve full compatibility. I believe the signals from Oslo will be taken note of."

.


Related Links
Beyond the Ice Age






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





ICE WORLD
Norwegian house ratifies Arctic border agreement with Russia
Oslo (AFP) Feb 8, 2011
The Norwegian parliament on Tuesday ratified an accord reached with Russia on demarcating the two countries' maritime border in the Barents Sea, removing another hurdle to tapping suspected vast oil and gas reserves in the Arctic region. Norwegian Prime Minister Jens Stoltenberg and Russian President Dmitry Medvedev reached the deal in April last year, ending a 40-year dispute over a 176,00 ... read more


ICE WORLD
Astrobotic Technology Annouces Lunar Mission On SpaceX Falcon 9

LRO Could Have Given Apollo 14 Crew Another Majestic View

NASA's New Lander Prototype Skates Through Integration And Testing

Draper Commits One Million Dollars To Next Giant Leap's Moon Lander

ICE WORLD
Mars Express Puts Craters On A Pedestal

Northern Mars Landscape Actively Changing

Martian Sand Dunes Re-Sculpted Regularly

Rover Staying Busy While Mars Is Behind The Sun

ICE WORLD
'Astonishing' Chinese patent growth marks world recovery

Charles Bolden's Story: "From the Segregated South to Low Earth Orbit"

Lifting To Space

Shot US lawmaker's husband to return to space

ICE WORLD
U.S. wary of China space weapons

Slow progress in U.S.-China space efforts

China Builds Theme Park In Spaceport

Tiangong Space Station Plans Progessing

ICE WORLD
International Partners Discuss ISS Operations

Russian Cosmonauts To Conduct Spacewalk Feb 16

Europe's ATV Space Ferry Ready For Launch

Intensive Preparations For ATV Freighter Launch To ISS

ICE WORLD
Vandenberg Launches Minotaur One

Activities At Esrange Space Center 2011

Russia Plans To Build Carrier Rocket For Mars Missions

First Delta IV Heavy Launches From Vandenberg

ICE WORLD
NASA Finds Earth-Size Planet Candidates In Habitable Zone

Las Cumbres Scientists Play Key Role In New Planetry System Discovery

A Six-Planet System

Earth-Size Planet Candidates Found In Habitable Zone

ICE WORLD
Smartphones seen driving travel bookings: Abacus

Bookstores feeling pain from digital technologies

Iran Unveils Homemade Satellites And Carrier

US, France to sign accord on tracking space debris




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement