Head, Institute of Political Science at the University of Oslo
November 24, 2015
2:10pm - 3:30pm
Allison Dining Room, Taubman 520, Harvard Kennedy School
The seabed under the Arctic Ocean is expected to contain one of the world’s largest oil and gas reserves. The United States, together with Russia, Norway, Denmark and Canada, borders it, but each country is limited to a 200 nautical miles economic zone around their coast. As a major reserve base of both global and European importance, the Arctic Ocean is outside the control of any state – a no-man’s land. Professor Claes will discuss the resource potential for oil and gas in the Arctic, the ongoing process of determining sovereignty over the continental shelf, and commercial issues related to the Arctic resources.