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2015-06-17 19:00:00

US ARCTIC POLICIES

US ARCTIC POLICIES

US Arctic oil and gas policies should recognize the industry's extensive global Far North experience and technology, American Petroleum Institute officials said. "If we don't use this knowledge, other Arctic nations will move to the forefront of energy development there," API Upstream Operations Director Erik Milito told reporters at a June 12 briefing.

"The Arctic environment poses different challenges from the rest of the US, but it's generally well understood," added API Senior Advisor Richard Ranger. "Operators off Canada, Norway, and Russia; other countries' governments; and institutions of higher learning also have shared significant knowledge."

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Tags: US, OIL, GAS

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