Monday, May 20, 2024

Russia finds world’s largest oil reserve

"The Alexander Karpinsky, a vessel operated by Rosgeo, the Russian agency in charge of finding mineral reserves for commercial exploitation, has found oil reserves equivalent to about 511 billion barrels in Antarctica, according to the British media The Telegraph.
The crude oil has been found around the Antarctic Peninsula, the most accessible area of the frozen continent due to its proximity to the south of Argentina and Chile, which is also a region claimed by the United Kingdom as well as Argentina and Chile. But If anything stops Russia from accessing the reserves, it is the Antarctic Treaty, which prohibits using the continent to extract minerals or use it for commercial exploitation." MS

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