Investing in the Arctic
Big resource, big opportunity, big challenge in Far North outrank many hot spots
By Ray Tyson
For Petroleum News
The Arctic is said to outrank many of the globeís current exploration hot spots, including Brazil and West Africa. But donít expect companies to flock to the Far North anytime soon, especially at a time when the world economy is in the tank and oil and gas prices are well below their record highs....
[additional news subjects in this story]
Expensive, complicated resource
Arctic a leading target
Companies now more cautious
Distance to transport an issue
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