1srelluc
Diamond Member
Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading to drilling in the protected region.
The reserves uncovered contain around 511bn barrels worth of oil, equating to around 10 times the North Sea’s output over the last 50 years.
The discovery, per Russian research ships, was revealed in evidence submitted to the Commons Environment Audit Committee last week. The committee was assessing questions regarding oil and gas research on ships owned by the Kremlin’s Rosgeo, the largest geological exploration company in Russia.
Antarctica is currently protected by the 1959 Antarctic Treaty, which prohibits all oil developments in the area.
The Foreign, Commonwealth and Development Office said: “Russia has repeatedly assured the Antarctic Treaty Consultative Meeting that these activities are for scientific purposes.”
LOL.....Russia wants to drink UK’s milkshake.
Ignoring the political complications, how difficult would it be to drill for oil and establish the production and transportation infrastructure in near arctic conditions?
Meh, they figured it out in Alaska so i guess they can figure it out in the Antarctic.