Professional paper
Published in: Holistic Approach Environ. 3(2013) 2, pp. 107 – 113
Paper reference number: HAE-36
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THE ARCTIC AREA VERSUS THE WORLD IN THE FIELD OF FOSSIL FUELS

Marieta Harčárová*, Iveta Gressová*, Martina Mokrišová*, Juraj B. Ďurove*

* Faculty of Mining, Ecology, Process Control and Geotechnology, Technical University of Košice, Slovakia

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ABSTRACT

The Arctic area could represent one of the largest world powers oriented on the export of oil, natural gas and other minerals. It would provide a significant position on the international energy market at a time when the energy security is becoming the most frequent topic in international negotiations. Countries surrounding the Arctic area are becoming aware of these factors and take an action to get part of the area. Their aim is to acquire the largest area while their attention is focused on seabed of the Arctic Ocean. Presented article deals with the analysis of the Arctic region from the perspective of international law and fossil fuel reserves which are according to recent surveys located in this area. It also provides an overview of climate change taking place in this area.

Keywords: the Arctic area, crude oil, natural gas, maritime boundaries
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