4 ms·

https://www.nytimes.com/2014/05/18/world/europe/in-taking-crimea-putin-gains-a-sea-of-fuel-reserves.html?_r=0 https://www.nytimes.com/2014/05/18/world/europe/in

by rl3 10y ago

https://www.nytimes.com/2014/05/18/world/europe/in-taking-crimea-putin-gains-a-sea-of-fuel-reserves.html?_r=0 https://www.nytimes.com/2014/05/18/world/europe/in-taking-cr... "When Russia seized Crimea in March, it acquired not just the Crimean landmass but also a maritime zone more than three times its size with the rights to underwater resources potentially worth trillions of dollars."

pps43 10y ago
Key word here is "potentially". There's not much oil production in Black Sea. There are much better oil fields in Caspian sea nearby (which the linked article even mentions), let alone Siberia.