Russia and US Talks Joint Arctic Energy Projects After Saudi Meeting
The White House in Washington (top) and Kremlin in Moscow are looking for potentioal energy projects in the Arctic. (Photo: Cezary p, CC BY-SA 4.0, Wikimedia Commons / Trine Jonassen, High North News)
Russia and the United States discussed possible cooperation on energy projects in the Arctic at a meeting in Saudi Arabia Tuesday.
A significant geopolitical shift in Arctic energy investments is unfolding, as Russia and the United States discussed possible cooperation on energy projects in the Arctic at a meeting in Saudi Arabia Tuesday, a top Russian negotiator told POLITICO.
Kirill Dmitriev, who heads the state-owned Russian Direct Investment Fund (RDIF), said the economic conversations had been about broad strokes, but that the two sides had discussed some “specific areas of cooperation.”
“It was more a general discussion — maybe joint projects in the Arctic. We specifically discussed the Arctic,” Dmitriev said by phone as he boarded a flight home after the talks in Riyadh.
This development could have long-term implications for Arctic energy, geopolitics, and international cooperation in the region.
As is already widely known, Republican US President Donald J. Trump aims to expand US influence in the Arctic. His last move was against Greenland, wanting to take it from Denmark's hands, willingly or not, for a second time.
