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Clinton tours Arctic as nations vie for resources

By REUTERS

JUNE 3, 2012 01:11

TROMSO, Norway - US Secretary of State Hillary Clinton sailed on Saturday through a sliver of the Arctic Ocean, where the world's big powers are vying for vast oil, gas and mineral deposits becoming available as polar ice recedes.

Clinton boarded a research ship in Tromso, a Norwegian town north of the Arctic Circle, to illustrate US interests in a once inaccessible region where resources are up now for grabs and new sea routes between Europe and Asia are opening up.

"A lot of countries are looking at what will be the potential for exploration and extraction of natural resources as well as new sea lanes," Clinton told reporters after taking a two-hour boat tour of the local fjord.

In the middle of an eight-day trip to Scandinavia, the Caucasus and Turkey, Clinton said it was important to agree on "rules of the road in the Arctic so new developments are economically sustainable and environmentally responsible."

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