Washington’s Arctic Antics

Washington’s Arctic Antics

The Pentagon’s recent Report to Congress on Arctic Strategy makes it clear that the US considers the region as “US homeland” and therefore “When necessary and appropriate, the United States will challenge excessive maritime claims in the Arctic to preserve the rules-based international order and the rights and freedoms of the international community in navigation…

Arctic LNG Revolution Is Russia’s Answer to US Shale Boom

Arctic LNG Revolution Is Russia’s Answer to US Shale Boom

Last week saw Japan’s Mitsui and Japan Oil, Gas and Metals National Corporation agree to buy a 10% stake in Novatek’s Arctic LNG (liquefied natural gas) 2 project for an officially undisclosed price, although Russia’s President Vladimir Putin independently stated that the investment would be around US$3 billion. The fact that Putin himself commented on the…