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Analysis

Race to the Arctic

In August 2007, two mini-subs Mir-1 and Mir-2, planted a Russian flag on the Lomonosov Ridge, beneath the Arctic Ocean. This symbolic gesture was the latest development in a five-way tussle to assert territorial rights in the Arctic region. Yet, as Russia and other countries that possess and lay claim to territory in the Arctic know, tapping into energy resources is likely to prove a significant challenge. Steve Coomber investigates.

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