2 chapters across the catalog
The U.S. State Department announced the expansion of the United States' extended continental shelf, adding over 621,000 square kilometers of submerged offshore territory. The new areas include portions of the Atlantic, Pacific, and the Bering Sea, which is rich in oil, natural gas, and minerals. Russia has expressed dissatisfaction with the move, as it overlaps with their territorial claims in the strategically important Arctic region.
Gazprom Pipelines and Continental Shelf Resource Rights
Provisions in the Law of the Sea Treaty would allow member nations to lay pipelines and cables through the territorial waters of other states. The hosts link this to Gazprom's interests in Europe and the potential for U.S. oil companies to explore the continental shelf. They suggest the treaty benefits nations with many islands, such as Jamaica or the UK via the Falklands.
