energy riches

Russia raises prospect of war over Arctic energy reserves

Tony Halpin, Moscow | May 15, 2009
Article from: The Australian

RUSSIA has raised the prospect of war in the Arctic as nations struggle for control of the world's dwindling energy reserves. The country's new national security strategy yesterday identified the intensifying battle for ownership of vast untapped oil and gasfields around its borders as a source of potential military conflict within a decade.

"The presence and potential escalation of armed conflicts near Russia's national borders, pending border agreements between Russia and several neighbouring nations, are the major threats to Russia's interests and border security," said the strategy document, which analysed security threats up to 2020.

Interesting times ahead.............

Russia raised the prospect of war in the Arctic yesterday as nations struggle for control of the world’s dwindling energy reserves.

The country’s new national security strategy identified the intensifying battle for ownership of vast untapped oil and gas fields around its borders as a source of potential military conflict within a decade.

“The presence and potential escalation of armed conflicts near Russia’s national borders, pending border agreements between Russia and several neighbouring nations, are the major threats to Russia’s interests and border security,” stated the document, which analysed security threats up to 2020.