http://www.timesnow.tv/Newsdtls.aspx?NewsID=1947
India Times
August 11, 2007
Canada and Russia in Arctic scramble
Canada makes claim on the Arctic oil and gas resources
An international scramble for the Arctic's oil and gas
resources accelerated when Canada responded to
Russia's recent sovereignty claims with a plan to
build two military bases in the region.
This move comes a week after the Russians planted a
flag on the Arctic seabed.
Moscow claims rights to half the Arctic as the US,
Norway and Denmark also make claims.
As Canada was making its move, Danish scientists were
preparing to head for the Arctic as part of their bid
for a share of the region's wealth.
A US coast guard icebreaker was heading to the Arctic
to map the seafloor north of Alaska.
No country owns the Arctic Ocean and north pole, but
there are international laws governing its use.
Under the convention, countries are entitled to
control any waters above landmasses which extend from
their continental shelf.
Serbian News Network - SNN
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