Scrambling for the Arctic's oil

Several countries lay claim on the Arctic ocean where a quarter of the world's undiscovered oil and gas resources lie.

    " /> " allowfullscreen="true">

    An international summit has began in Moscow, the Russian capital, to consider rival claims to mineral rights in the Arctic ocean.

    It is thought that a quarter of the world's undiscovered oil and gas resources lie beneath the arctic ocean, and now global warming is making the ice-covered region more accessible.

    Under the UN Convention on the Law of the Sea, coastal nations can claim exclusive rights to natural resources on or beneath the sea floor up to 370 kilometres beyond their land territory.

    Al Jazeera's Tania Page reports.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Death at the dinner table

    Death at the dinner table

    Blake Sifton was born to a family of funeral directors. He explores the prevalence of mental illness in the profession.

    Assessing Trump: Is the president fit for office?

    Assessing Trump: Is the president fit for office?

    Experts discuss President Trump's mental state - and his effect on others.

    Why did Raila Odinga withdraw from the election rerun?

    Why did Raila Odinga withdraw from the election rerun?

    Odinga's withdrawal will not make Uhuru Kenyatta president. But it will give more time to prepare for the new vote.