Saturday, February 27, 2021

Index – Economy – Polar bears could cause oil production to fail in the Alaskan wilderness


Yet oil exploration does not begin Alaska Arctic National Park (ANWR), after the extraction planner, and the local company Kaktovik Inupiat, which is asking for permission to seize seismic measurements to explore the oil fields, has not identified polar bear caves in the area by the 13 February deadline, MTI was quoted as saying by a US Home Office spokesman.

According to Melissa Schwartz, locating polar bear caves would have been necessary for the U.S. Fish and Wildlife Service to grant permission for seismic measurements near polar bears.

The company plans to carry out measurements on an area of ​​about 140,000 hectares in the coastal area of ​​the national park, but failure to meet the deadline is a breach of contract.

The Trump administration opened up part of Alaska, including some areas of the ANWR National Park, to oil producers in early January.

The 78,000-square-kilometer wildlife sanctuary is a key habitat for many animals, including the polar bear, whose pregnant females in the area form nests carved into snow and ice for themselves during the winter months to give birth to their young in them. As temperatures rise and sea ice thins, predators form their caves on land, primarily along the coastal plains of the game reserve.

The issued oil and gas extraction rights are valid for ten years.

It is estimated that roughly 11 billion barrels of oil can be hidden in the wildlife reserve, but in the absence of roads and other infrastructure, extraction in such an area is extremely costly. Several large U.S. banks have indicated they will not support extraction in the region.

President Joe Biden opposes oil production in the national park.





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