USA refused from renting out plots on the Arctic shelf

USA refused from renting out plots on the Arctic shelf


The announcement of the review by the US administration earlier approved plans followed after the statement of the Royal Dutch Shell company that it would cease further exploration off the coast of Alaska for the foreseeable future.

WASHINGTON, 17 Oct. The U.S. administration has revised plans for the oil and gas in its territorial waters on the Arctic shelf, refusing to 2017 from rental of the two potential sites, according to the website of the Ministry of internal Affairs of the country.

The decision concerning the five-year plan for oil and gas production on the Arctic shelf 2012-2017 year, due to “market conditions and low interest from companies in the industry”. We are talking about areas in the Chukchi sea and Beaufort sea, a tender for the rent which, as expected, will take place in 2016 — the first half of 2017.

The announcement of the review by the US administration earlier approved plans followed after the statement of the Royal Dutch Shell company that it would cease further exploration off the coast of Alaska for the foreseeable future.

As stated in connection with the decision the head of Department Sally Jewell, “preparation of plots for lease for the next year and a half does not seem appropriate”.

The Ministry has also decided to refuse to requests Shell and Norwegian Statoil on the suspension of the current lease their sites on the shelf. The failure deprives the company of potential opportunities to retain the right of use of sites in the Beaufort sea and Chukotski sea after 2017. “The company has not demonstrated an appropriate schedule for exploration and development of the leased deposits”, — noted in the Department.