Russias Arctic Gas
Source: http://www.robertamsterdam.com/2009/05/russias_arctic_gas.htmPosted on Friday, May 29th, 2009 | In Market Commentary, Russia
The boys at Gazprom are partying this weekend. From Associated Press:
Nearly one-third of the natural gas yet to be discovered in the
world is north of the Arctic Circle and most of it is in Russian
territory, according to a new analysis led by researchers at the U.S.
Geological Survey.“These findings suggest that in the future the
… pre-eminence of Russian strategic control of gas resources in
particular is likely to be accentuated and extended,” said Donald L.
Gautier, lead author of the study published in Friday’s edition of the
journal Science. (…)Two-thirds of the undiscovered gas is in just four areas — South
Kara Sea, North Barents Basin, South Barents Basin and the Alaska
Platform — the report said.Indeed, the South Kara Sea off Siberia contains 39 percent of the Arctic’s undiscovered gas, the researchers said.
Last 5 posts by Robert Amsterdam
- How Renaissance Capital Survived while Hermitage Was Stolen - November 24th, 2009
- The Russia Repetition Syndrome - November 24th, 2009
- Practicing Legal Nihilism - November 24th, 2009
- Energy Blast - Nov 24, 2009 - November 24th, 2009
- Today in Russian Business - Nov 24, 2009 - November 24th, 2009
 About Robert Amsterdam (http://www.robertamsterdam.com/)
Robert Amsterdam is a lawyer and an advocate for rule of law. His blog was created to express views which may stimulate debate and discussion on topics of international interest. Robert believes that we live in a world of unchallenged impunity, and he views his blog as merely a small attempt to shine a light on issues he views as important in countries with which he is engaged. He make no apologies or pretense of objectivity - he is merely stating his opinions. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.