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Norway Russia Maritime Boundary Agreement

The delimitation agreement is also widely welcomed on the east side of the border. “Uncertainty over territorial borders and maritime space has undoubtedly cast a shadow over major energy projects in the region,” Medvedev said. The Russian Ministry of Natural Resources and Environment quickly announced that the first exploration licences could be granted as early as 2013-14. On the other hand, experts are rather skeptical of such an acceleration. According to some, offshore oil production in the Arctic requires considerable resources and advanced technology, which is often lacking in state-controlled Russian giants Gazprom and Rosneft. Some voices also indicate that activities in the once-controversial area could degrade development of the nearby Shtokman gas field. Nearly 40 years of border conflict between Russia and Norway in the Barents Sea have officially ended. Oslo and Moscow can now rightly map the territory, which has been governed by a moratorium since 1980. The scavenger hunt began just hours after the treaty came into force on July 7, 2011. What will be the consequences of the delimitation agreement? MURMANSK: The Treaty of Maritime Boundaries and Cooperation in the Barents Sea and the Arctic Ocean was signed today in Murmansk. See the photos of the ceremony and follow the link to the agreement here.

The search for new resources could be a timely undertaking and an interesting impact on domestic policy in Norway. One of them could be the status of the Lofoten and Vesterales as future oil and gas regions, a politically hot topic in Norway, where industry opposes an active environmental movement. So far, the government has postponed carbon extraction in this area, perhaps hoping to find another field in the Barents Sea. Without the delimitation agreement, the status of extraction outside the archipelagos would probably be very different. Finally, the 2010 agreement could even pave the way for a future settlement of the ongoing dispute over the interpretation of the Svalbard Treaty. [14] In 1920, the States Parties to the Svalbard Treaty recognized Norway`s “total and absolute” sovereignty over the Svalbard Archipelago. In return, nationals of the States Parties are allowed, among other things, under the same conditions of equality, to the exercise and exercise of all maritime, industrial, mining or commercial enterprises, both on land and in the territorial waters of the archipelago.” Both the 2010 agreement and a 2006 agreement between Norway and Denmark on the delimitation of the maritime border between Svalbard and Greenland support Norwegian legislation, a fishing protection zone or a continental shelf for Svalbard or its borders. Nevertheless, Norway and Russia disagree on whether the equality rights guaranteed by the Svalbard Treaty apply to maritime areas whose development was not foreseeable in 1920 and whether Norway has the right to exercise national jurisdiction in these rich fishing and hydrocarbon areas.

[15] In concluding the 2010 agreement, Norway and Russia were enthusiastic about the outstanding issues that are obstacles to economic development in the region.

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