, 3 tweets, 1 min read Read on Twitter
Up for regulation are some 2.8 million square kilometers of waters roughly 200 nautical miles from land. The area is equivalent in size to the Mediterranean Sea, according to the National Oceanic and Atmospheric Administration.
Fish stocks are not the only draw for nations interested in carving out rules for a mostly uncharted market. The Arctic Circle, according to USGS, is home to an est. 90B barrels of oil and 1.6T cubic feet of natural gas, approximately 13% of the entire planet’s energy reserves.
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