A Russia Today TV video from the nuclear-powered icebreaker Rossiya
Click on the extended post to read an excerpt from a Christian Science Monitor article on this topic.

Franz Josef Land is north of Russia's Kola Peninsula
As Icecaps Melt, Russia Races for Arctic's Resources
By Fred Weir, The Christian Science Monitor
Moscow - Call it the global warming sweepstakes.
As milder temperatures make exploration of the Arctic sea floor possible for the first time, Russia's biggest-ever research expedition to the region is steaming toward the immense scientific prestige of being the first to explore the seabed of the world's crown.
In the next few days, two manned minisubs will be launched through a hole blasted in the polar ice to scour the ocean floor nearly three miles below. They will gather rock samples and plant a titanium Russian flag to symbolize Moscow's claim over 460,000 square miles of hitherto international territory -- an area bigger than France and Germany combined in a region estimated to contain a quarter of the world's undiscovered oil and gas reserves.
The issue of who owns the North Pole, now administered by the International Seabed Authority, has long been regarded as academic since the entire region is locked in year-round impenetrable ice. But with global warming thinning the icecaps, the question has vaulted to the front burner.
"The No. 1 reason for the urgency about this is global warming, which makes it likely that a very large part of the Arctic will become open to economic exploitation in coming decades," says Alexei Maleshenko, an expert with the Carnegie Center in Moscow. "The race for the North Pole is becoming very exciting." The US Geological Survey estimates that 25 percent of the world's undiscovered oil and gas reserves lie beneath the Arctic Ocean. Experts at the Russian Institute of Oceanology calculate that the saddle-shaped territory that Russia is planning to claim may contain up to 10 billion tons of petroleum, plus other mineral resources and vast, untapped fishing stocks.
Russia stakes its claim
The 1982 Law of the Sea Convention establishes a 12-mile offshore territorial limit for each country, plus a 200-mile "economic zone" in which it has exclusive rights.
But the law leaves open the possibility that the economic zone can be extended if it can be proved that the seafloor is actually an extension of a country's geological territory.
In 2001, Russia submitted documents to the United Nations (UN) claiming that the Lomonosov Ridge, which underlies the Arctic Ocean, is actually an extension of the Siberian continental shelf and should therefore be treated as Russian territory. The case was rejected.
But a group of Russian scientists returned from a six-week Arctic mission in June insisting that they had uncovered solid evidence to support the Russian claim. That paved the way for the current expedition, which includes the giant nuclear-powered icebreaker Rossiya, the huge research ship Akademik Fyodorov, two Mir deep-sea submersibles -- previously used to explore the wreck of the Titanic -- and about 130 scientists.
The subs were tested Sunday, near Franz-Joseph Land in the frozen Barents Sea, and found to be working well.
"It was the first-ever dive of manned vehicles under the Arctic ice," Anatoly Sagelevich, one of the pilots, told the official ITAR-Tass agency. "We now know that we can perform this task."
The upcoming dive beneath the North Pole will be far more difficult, and involve collecting evidence about the age, sediment thickness, and types of rock, as well as other data -- all of which will be presented to the United Nations Commission on the Limits of the Continental Shelf (a body of scientists chosen by parties to the Law of the Sea Convention) to support Russia's claim to the territory.
The longer-term goal, says Mr. Sagelevich, is to get used to permanently working in that environment.
"The Arctic region is rich in natural resources, but we must find a reliable method of their development," he says. "This expedition is very important for the solution of this complicated task. No one has ever tried to dive and work under the Arctic ice."
Click here to read the full article over at the Christian Science Monitor's website.



Some context - the Lomonosov Ridge "may contain up to ten billion tons of petroleum". Around 70 billion barrels? [From the Internet, 7.2 barrels oil are equivalent to one tonne of oil (metric)]
A presentation last year at a university in the US said the world's proved reserves are 1265 billion barrels, of which the Middle East has 727bn, and the claimants to the Arctic: Russia has 60bn, the United States 23bn, Canada 179bn, Norway and Denmark? (West Europe has 18bn in total).
But it's not only the Lomonosov Ridge that Russia is claiming. The video says the aim of the Russian expedition is also to show the United Nations that vast areas of the Arctic, almost up to the North Pole, are in fact a part of the Eurasian continental shelf. Russia's biggest name in geophysics, Yuri Leonov, is also accompanying the expedition: he wants to prove that some parts of the Eurasian continental shelf sank as a result of the tectonic processes going back many years. But the case is obviously more complex than the interview with Leonov reveals - if tectonic plate movements are to be a consideration, there were no national borders at the time of Pangaea.
The UN has about 250 territorial disputes to decide upon. Meanwhile chaos rules. The settlement system isn't effective.
With this kind of reasoning maybe the United States should lay claim to the European, and African continents. After all we were all connected at some point in time. Damn those Ruskies