Denmark Preparing North Pole Claim (Interesting?)

DENMARK PREPARING NORTH POLE CLAIM

Denmark and its self-governing dependency of Greenland plan to present a seabed claim extending to the North Pole before the end of 2014 against competing claims from other Arctic states, Danish officials have said.

BY REUTERS | AUG 23, 2011

Ownership of the Arctic seabed has grown in importance as the shrinking of sea ice has opened new prospects for exploration and production of the region's potentially vast oil and gas resources.

Under international law, no country now owns the North Pole or the Arctic Ocean area surrounding it.

Denmark's claim will be presented to the UN Commission on the Limits of the Continental Shelf (CLCS), the Danish government said in a new Strategy for the Arctic.

"The Kingdom's claim on the continental shelf will in a number of areas overlap with other countries' continental shelf claims," Denmark, Greenland and the Faroe Islands said in the new Arctic strategy to 2020.

The claim would extend north from Greenland and follow two Arctic continental shelf claims already submitted to the CLCS by the Faroe Islands, another semi-autonomous territory of the Kingdom of Denmark.

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