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IPFS News Link • Russia

Russia discovers oil and gas reserves in Antarctica - ten times bigger than North Sea

• Joanne Nova

While no one was paying attention, a Russian ship exploring Antarctica claims it has found oil and gas deposits that are ten times larger than the North Sea. Presumably quite a lot of countries would find this very interesting. At the moment Antarctica is supposedly protected by a piece of paper, but those who want to keep something so valuable to themselves will be needing more than cellulose.

It could take some fossil fuels to protect these fossil fuels

Hard to see any nation keeping control of this oil and gas field using sailing boats, solar powered ships and missiles running on palm oil.

Russia finds vast oil and gas reserves in British Antarctic territory

Johnathon Leake, Telegraph

Russia has found vast oil and gas reserves in the Antarctic, much of it in areas claimed by the UK.

The surveys are a prelude to bringing in drilling rigs to exploit the pristine region for fossil fuels, MPs have warned.

Reserves totalling 511bn barrels of oil – about 10 times the North Sea's entire 50-year output – have been reported to Moscow by Russian research ships, according to evidence given to the Commons Environment Audit Committee (EAC) last week.

It follows a series of surveys by the Alexander Karpinsky vessel, operated by Rosgeo – the Russian agency charged with finding mineral reserves for commercial exploitation.


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