Ukraine has vast potential gas reserves: deputy PM

Ukraine's potential natural gas reserves are estimated at 5.6 trillion cubic meters, with an extractable amount of 924 billion cubic meters, the country's Deputy Prime Minister Volodymyr Kistion announced on Tuesday.

Cypriot EEZ : Τhe Cypriot power

All those who hadn't understood that the power of Cyprus is its EEZ, have suffered a huge defeat, following the success of the third licensing round.

The management of our mineral wealth : These strategic stocks require the actions of people with judgment and abilities.

When we are witnessing the incompetence of many politicians to comprehend the reality of the hydrocarbons in the Eastern Mediterranean, and the major prospects they offer to both Greece and Cyprus, we are wondering as to how they will manage the mineral wealth of the two States of Hellenism.

Russian PM Signs Decree to Establish Russian Border on Shelf in Okhotsk Sea

Russian Prime Minister Dmitry Medvedev said Saturday that he had signed a document establishing the Russian border on Russia's continental shelf in the Sea of ​​Okhotsk.

Russia applies to UN to confirm its Arctic Ocean borders (minister)

Russia has submitted an application to the Secretariat of the UN Commission on the Limits of the Continental Shelf for establishing its borders in the Arctic Ocean, Natural Resources Minister Sergey Donskoi said on Wednesday.

Permission for Russia Arctic Shelf Expansion by UN Possible, But Not Soon

 Earlier in the day, Russia submitted a revised application to the United Nations, seeking the expansion of its Arctic shelf border through the inclusion of the Lomonosov Ridge and other sections of the Arctic Ocean seafloor that have continental shelf properties.

No need for NATO presence in Arctic (Lavrov)

Russian Foreign Minister Sergey Lavrov said on Monday he sees no need of NATO presence in the Arctic.
“We firmly believe that there are no problems in the Arctic which demand NATO participation, moreover, there are no problems there which demand military decisions,” the minister said during a public lecture on Russia’s foreign policy.
According to Lavrov, long before the Ukrainian crisis, NATO said and continues saying that the military factor in the Arctic will increase amid the escalation of the fight for the resources.

“The Arctic is a territory of dialogue,” the minister stressed. “We use this slogan for regular forums in Russia, and the work of the Arctic Council, to a large extent, is drawn up in this way,” he said.

UN Commission recognises Sea of Okhotsk enclave part of Russia

The UN Commission on the Limits of the Continental Shelf has recognized the Sea of Okhotsk enclave with an area of 52,000 sq.km part of the Russian continental shelf, Minister of Natural Resources and the Environment Sergey Donskoy told Russian journalists today.


He said that the ministry has received a formal certificate from the UN Commission satisfying Russia’s appeal to recognize the enclave in the Sea of Okhotsk part of the Russian shelf. This is an actually acknowledged fact and I can congratulate everyone, the minister said.

Answering an Itar-Tass correspondent’s question, the minister stressed that the decision on the enclave is final and not subject to revision. Now the enclave is fully under Russia’s jurisdiction, the minister said.

La Russie veut augmenter sa présence militaire dans l'Arctique...

« Je demande d'accorder une attention particulière au déploiement d'infrastructures et d'unités militaires dans l'Arctique », a déclaré Vladimir Poutine lors d'une réunion au ministère de la défense retransmise à la télévision publique, au lendemain du lancement d'une procédure par le Canada pour étendre sa souveraineté dans la région.

« La Russie s'investit de plus en plus dans cette région d'avenir, y revient et doit y disposer de tous les leviers pour assurer sa sécurité et défendre ses intérêts nationaux », a ajouté le président russe. Il a notamment indiqué qu'il s'agissait de remettre en service l'aéroport militaire de Tiksi, en zone polaire au nord de la Iakoutie (Sibérie orientale) et de mener des travaux sur celui de Severomorsk, sur la mer de Barents dans le nord-ouest de la Russie.

China deep sea exploration vessel sets sail

Video cctv

China’s most advanced deep sea exploration vessel, the "Ocean 6" has set sail for the Pacific Ocean. 

96 scientists will be on board, the biggest number of personnel ever for such a mission. 

On its 160 day voyage, the vessel will reach destinations such as Guam and Hawaii. It will explore mineral resources in the seabed and will also conduct geographic and sea biology studies. 

"Ocean 6" was designed and manufactured in China. Compared to other vessels of its kind, "Ocean 6" is bigger, safer, and provides a more comfortable living environment for the research team.