Is Russia Leading the Trillion Dollar Race for Arctic Dominance?

Posted on 12/28/2018


Offshore Arctic oil could account for 15% to 25% of Russia’s oil production by 2050. Russia has revived a plan to build a seaport in the frozen Nenets area of northwest Russia. The ‘Siberian Arctic’ is one of the coldest climates on Earth, with winter temperatures typically close to a dismal minus 20 degrees Celsius, […]