Russia to get stronger nuclear navy, Putin says | Reuters - 0 views
-
In a reference to Russia's ambitions in the Arctic, where Moscow plans to expand its claims, Putin said the navy would protect Moscow's interests in the icy North."Obviously, the navy is an instrument to protect national economic interests, including in such regions as Arctic where some of the world's richest biological resources, mineral resources are concentrated," he said.
-
Moscow has planned to submit a claim this year to redraw the map of the Arctic and give itself a bigger swath of the territory, which could hold huge deposits of oil, gas and mineral wealth.Russia, Norway, the United States, Canada and Denmark are at odds over how to divide up the Arctic seabed, thought to hold 90 billion barrels of oil and 30 percent of the world's untapped gas resources, according to the U.S. Geological Survey.
