The Battle for the Next Energy Frontier: The Russian Polar Expedition and the Future of Arctic Hydrocarbons

The recent Russian expedition to the North Pole has highlighted the growing strategic importance of the Arctic. This comment, by Shamil Midkhatovich Yenikeyeff and Timothy Fenton Krysiek, examines the Arctic’s potential as a new hydrocarbon producing region, analyzes the Kremlin’s regional development strategy, and explains the response of the other circumpolar countries the United States, Canada, Denmark, and Norway. This opinion piece also reviews the challenges to Arctic development, describes the implications of a traversable Northern Sea Route and Northwest Passage, and argues that the Norwegian energy companies and Anglo American supermajors are best positioned to take on upstream projects in the region.

By: Timothy Fenton Krysiek

Latest Tweets from @OxfordEnergy

  • Building New Gas Transportation Infrastructure in the EU – what are the rules of the game? https://t.co/dyMFMaUIu9

    July 19th

  • OIES study on demand prospects for LNG as a marine transport fuel: As of May 2018, there were 122 LNG-fuelled ships… https://t.co/I7UnjKwiRV

    July 19th

  • OIES @thierry_bros quoted on Berlin gas talks between EU, Russia & Ukraine https://t.co/pjON3MlTCB

    July 18th

Sign up for our Newsletter

Register your email address here and we will send you notification of new publications, comment, articles etc. automatically.