Thursday, June 13, 2013

Who owns the North Pole - Part 59 - India, wants to

Nearly a month after India was admitted as an observer into the mineral-rich Arctic Council, India’s External Affairs Minister Salman Khurshid is visiting Norway, a member of the eight-nation forum, where he will pay a visit to the Indian research station, Himadri, in Svalbard.

India’s research station in the Arctic, Himadri, operated by the National Centre for Antarctic and Ocean Research, was set up in 2008.  India has spent $3 million on research activities so far and plans to enhance the amount. During the next five years an amount of about $12 million is expected to be spent on research through the Himadri centre. Around 170 Indian scientists have written on Arctic research matters and 18 Indian institutions are focused on research related to climate through the Arctic.

“We are extremely interested in the Arctic region and intend to play an active role in the Arctic Council too,” said external affairs ministry spokesperson Syed Akbaruddin at a briefing, adding that it would be an area of focus for Khurshid while he is in Norway.

The Arctic region is estimated to hold 13 percent of the world’s undiscovered oil reserves and 30 percent of undiscovered gas deposits.

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