[credit provider=”AP Photo/Association of Russian Polar Explorers”]
Danish officials announced plans on Monday to extend their present Arctic seabed claim to include th North Pole, reports Hurriyet Daily News.The plan would mean extending their current ownership of seabed to the North of Greenland, a self-governing dependency of Denmark.
The move comes after speculation grew that Russia was hoping to annex 380,000 square miles of the Arctic seabed. Since 2007, Russia has a flag placed at the North Pole seabed, though it is disputed.
The reason? The Arctic seabed is thought to contain 13 per cent of the world’s untapped oil reserves, of course.