April 2, 2012

Russia's Arctic Energy Boom

Simon Shuster, Time

AP Photo

The last stop on the railway running north from Moscow is Labytnangi, a small town just inside the Arctic Circle. The most reliable way to plow north from there across the great white emptiness is on a Russian-made TM-130 all-terrain vehicle, which drives on tank treads. "Just look around," yelled Vladimir Krivenko, a local railway boss riding shotgun on a recent icy afternoon as he ventured out to inspect work on rail tracks along the frozen tundra."Riches as far as the eye can see. Oil, gas, minerals. We've got the whole periodic table of elements in this ground."

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