It is still mostly all about who gets the oil and who will sell it to whom.

Silhouette of oil platform in sea against moody sky at sunset

The Arctic is believed to hold up to 25 percent of the planet’s untapped oil and gas supplies, and Russia, the U.S., Canada, Denmark and Norway have all been trying to assert jurisdiction over parts of the territory. Russia’s had submitted a bid for vast Arctic territories that could contain large quantities of oil and gas to the United Nations. In 2007, Moscow staked a symbolic claim to the Arctic seabed by dropping a canister containing the Russian flag on the ocean floor from a submarine at the North Pole. The Kremlin also has moved to beef up Russian military forces in the Arctic. The effort has included the restoration of a Soviet-era military base on the New Siberian Islands and other military outposts in the Arctic. Moscow has justified the activity by claiming that the new facilities are vital to protect shipping routes that link Europe to the Pacific Rim. Earlier this year, the military conducted sweeping maneuvers in the Arctic that involved 38,000 servicemen, more than 50 surface ships and submarines and 110 aircraft. As part of the drills, the military demonstrated its capability to quickly beef up its forces on the Arctic


The joint military drills held by the US paratroopers and the Ukrainian National Guard are taking place in urban environments in eastern regions of Ukraine close to the conflict zone, a Russian Ministry of Defense spokesman said. Russian Ministry of Defense spokesman Igor Konashenkov pointed out that American military instructors are holding joint military drills with the Ukrainian National Guard units not far from the conflict zone in eastern Ukraine, in the regions of Mariupol, Severodonetsk, Artemivsk and Volnovakha. Last week nearly 300 servicemen from the 173rd Airborne Brigade arrived in western Ukraine to take part in joint military drills dubbed Fearless Guardian together with Ukrainian National Guard battalions. It was announced that the overt combat training would take place in the Yavoriv district of the Lviv region, western Ukraine. Inexplicably though, the military drills have been shifted from the West to the Ukrainian eastern region, Igor Konashenkov stressed. Russian Ministry of Defense spokesman Igor Konashenkov called the public attention to the fact that the US-Ukrainian military servicemen are currently engaged in intensive assault training in urban environments. While sending fewer than 300 American troops to Ukraine may seem insignificant, Moscow does not see it that way. The ride is about to get rockier.In a sign that the tense crisis in Ukraine could soon escalate, Russia has continued to deploy air defense systems in eastern Ukraine and has built up its forces near the border?  Western officials are unsure if plans are underway for a new Russian-backed offensive or if the moves are an effort to wring concessions from the Ukraine government. The Russian Defense Ministry has repeatedly expressed its concerns about the fact the US paratroopers are teaching the Ukrainian National Guard to use weaponry manufactured in the West, pointing out that it could serve as a signal of Washington’s preparedness to deliver lethal weapons to Ukraine.


Oil prospectors Falkland Oil and Gas, Rockhopper Exploration and Premier Oil have announced the discovery of “better than expected” oil and gas reservoirs at the Zebedee exploratory well, one of six wells being explored as part of the nine month ‘Sea Lion’ drilling campaign undertaken by the three companies, in the North Falklands Basin.

The discovery by UK-based energy companies of oil and gas in the waters around the Falklands Islands, also known as Las Malvinas, has inflamed tensions on the 33rd anniversary of the conflict between the UK and Argentina over the territory. Argentiinian President Cristina Kirchner condemned the “paradox” of the British government increasing its military spending on the defense of the islands, “when more than one million English people have to eat at food banks because of a lack of resources” In April 1982, the Falklands war broke out between the United Kingdom and Argentina over two British overseas territories in the South Atlantic, the Falkland Islands as well as South Georgia and the South Sandwich Islands. The war began when Argentina invaded and occupied the Falkland Islands in an attempt to establish its sovereignty. It lasted for 10 weeks and ended on June 14, 1982 with the islands remaining under British sovereignty. The past Falklands War cost the lives of 649 Argentine and 255 British servicemen in 1982, as well as three Falklands Islanders, in two months of fighting after Argentina’s government had launched an offensive to claim the islands as part of its territory.


Argentinia also warned against using double standards in the Ukrainian peace process, especially regarding results of the Crimean referendum of March 2014, which led to Crimea’s reunification with Russia. “Argentina’s stand on the situation in Ukraine has not changed since the very beginning [of the crisis]. We were very specific about our viewpoint and will urge to avoid double standards in international affairs, such as the Crimea referendum,” Tettamanti said. The Argentine President Cristina Fernandez de Kirchner compared international support of the 2013 referendum in the disputed Falkland Islands with the West’s rejection of the vote held in Ukraine’s former Crimea republic in early 2014. The majority of British citizens voted for the Falkland Islands to remain a British Overseas Territory. Argentina laid claim to the islands, which it calls the Malvinas, after inheriting them from the Spanish crown in 1767. Britain has occupied the islands since 1833. Crimea’s reunification with Russia has not been recognized by Western powers, despite the region’s majority Russian population and long history as part of Russia. Around 90 percent of Crimeans voted last March to leave Ukraine for Russia.


After the West started imposing sanctions on Russia over Moscow’s alleged role in the internal Ukrainian conflict, Argentina significantly increased food imports to Russia.


A $2 billion memorandum was signedby Russia and Argentina to build a new hydroelectric dam and they will consider switching to national currencies for mutual deals. Russia’s VEB bank will provide $1.2 billion of the total investments needed, 35 percent of which will be used to pay Argentine subcontractors.


In addition, Russia will provide Argentina with access to Russian nuclear power technology.


Russian energy giant Gazprom signed a memorandum to explore and develop gas fields with Argentine state gas company . The Russian company Uralmash will also construct a plant which will manufacture oil extraction equipment.


Putin also said that Russia and Argentina will cooperate in the military-technical sphere and pledged to accelerate the construc tion of GLONASS satellite navigation systems in Argentina.

Argentina to Continue Purchasing Russian Mi-171 to Fly to Antarctica




see also

2 thoughts on “It is still mostly all about who gets the oil and who will sell it to whom.

  1. Pingback: The West and Ukraine are looking dumber and dumber , liars | Putin the Hero

  2. Pingback: The false proxy wars by the US, Saudi Arabia, Israel, against Assad | Putin the Hero

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