Government turns down a proposed territorial extension of the Northern Sea Route. The President's ambitious target for Arctic shipping is unlikely to be reached unless the Barents Sea is included, route developers argue.
Amid strong warnings from environmentalists, the Norwegian Parliament decides to pump great sums into a support-package for the country's oil industry. Tax benefits are to help the oilmen launch new projects, including in the Arctic.
A deep crisis is shattering the Russian petroleum industry, but Igor Sechin still gets the President's unequivocal support for the development Vostok Oil, the project that is due to bring several hundred million tons of north Siberian oil to international markets via the Northern Sea Route.