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Russia and Norway Reach Accord on Barents Sea

Walter Gibbs, The New York Times, April 27, 2010

OSLO — The leaders of Russia and Norway on Tuesday resolved a 40-year-old dispute over dividing the Barents Sea and part of the Arctic Ocean into clear economic zones extending to the edge of Europe’s northern continental shelf. The agreement could herald oil and natural gas exploration in a huge and potentially lucrative region.