Russia & Antarctic oil

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…

Junior minister David Rutley last week told the EAC that his department had decided to trust Russian assurances it was just conducting scientific research, adding: “Russia has recently reaffirmed its commitment to the key elements of the treaty.”…

The EAC decided to challenge the Foreign Office’s management of the UK’s Antarctic interests following reports in the Daily Maverick, a South African online journal, which discovered Moscow’s activities after its survey ship docked in Cape Town. Such issues will likely come to a head in India later this month at the annual meeting for signatories to the Antarctic Treaty, where Russia will be challenged on its plans for extracting fossil fuels.

DB2

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