BizTrendsTV

RAPT BizTrendsTV: Carmen Murray: The Analogue Renaissance – A return to real-world connection

Subscribe & Follow

Advertise your job vacancies

Russia's power push into Antarctica for fossil fuels

Supergiant oilfields are simmering below the Southern Ocean, the warming waters at the bottom of the Earth that wrap around the melting, icy Antarctic, a litany of Kremlin sources suggest.

By Tiara Walters

18 May 2022

Source: Moored near the foot of Table Mountain in Cape Town in mid-March, the Akademik Tryoshnikov was one among several Russian polar vessels that visited Cape Town, an established port for the Russian Antarctic fleet, in the summer of 2021/22. (Photo: Xabiso Mkhabela)

Despite the 1998 Antarctic mining ban — ratified by Russia and 28 other states — some of the so-called loot in the Kremlin’s crosshairs appears cached within large marine sedimentary basins off East Antarctica’s Indian Ocean sector.

That supposed loot may equal a climate-busting 500 billion barrels of hydrocarbon “resources” — the building blocks for oil and gas — claims a bombshell statement released by the Kremlin’s mineral explorer, Rosgeo.

Read the original article on Daily Maverick

Source: Daily Maverick

Daily Maverick is a unique blend of news, information, analysis and opinion delivered from our newsrooms in Cape Town and Johannesburg, South Africa. There are many ways to describe exactly what we do (and for the price of a cup of coffee we’re capable of talking your ears off about it), but the best way to understand the end result is to experience it. Every part of Daily Maverick is free-to-air and no payment is required, although free registration is required for a small subset of functions and pages.

Daily Maverick is run by an independently owned, private company with no affiliation to any other media group (or political party or religious organisation.) Follow Daily Maverick on Twitter at @dailymaverick.

Go to: https://www.dailymaverick.co.za/