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Parting the Barents Sea

4/23/2010

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Russia made everyone nervous by planting that flag on the seabed at the North Pole. But the first big Arctic sovereignty dispute may be on the verge of a peaceful resolution. When Russian President Dmitri Medvedev visits Oslo on April 26 and 27, he and Norwegian Prime Minister Jens Stoltenberg will try to end a decades-old conflict over dividing the Barents Sea into clear Russian and Norwegian economic zones. Billions of dollars' worth of oil, gas and fish resources are in the balance. A friendly resolution would bode well for the coming sovereignty scramble as the melting of the Arctic ice opens a large new patch of the world for economic activity.
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