BarentsObserver Newsletter 2011-02-25

25 02 2011

1. Russia boosts rearming budget

Defense Ministry says $470 billion will be invested in rearmament by

2. Hunting high and low
Lack of labor is the biggest challenge as billions are invested in
expanding the mining industry in northern Sweden.

3. Hope fades for missing sailors in the Antarctic
Fear are mounting for three people who were on a yacht missing in

4. Giant Arctic oil licenses for Bashneft
Russian oil company Bashneft has won the tenders for development of the oil
fields Trebs and Titov in the Nenets Autonomous Okrug.

5. Russian language will not replace Swedish
The Finnish Ministry of Education has turned down applications from
municipalities in eastern Finland on the replacing the compulsory Swedish
language with Russian.

6. Suezmax ready for Arctic route
A Sovcomflot vessel will this summer be the largest tanker ever to sail the
Northern Sea Route with condensate to Asia.

7. Finnish Border Guards solve more crimes
More than 5000 cases of border violations are handled every year by the
Finnish Border Guard?s crime prevention unit

8. Eco-trouble ahead for BP-Rosneft partnership
Not only do the shareholders of TNK-BP dispute BP?s recent partnership
with Rosneft in the Kara Sea. Also environmentalists protest the oil plans,
saying that the license areas are located partly in a protected natural




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