Russia is planning to develop a unique satellite...
limit, it can claim a right to more of the ocean floor.Russia has undertaken two Arctic expeditions - to the Mendeleyev underwater chain in 2005 and to the Lomonosov Ridge in the summer of 2007 - to support its territorial claims in the region.
It first claimed the territory in 2001, but the United Nations demanded more conclusive evidence.
Russia has said it will invest some 1.5 billion rubles ($50 million) in defining the extent of its continental shelf in the Arctic in 2010.
Russian Prime Minister Vladimir Putin reiterated on Thursday while visiting the Franz Josef Land, an archipelago in the far north of Russia, that the country has "profound geopolitical interests" in the Arctic region.
MOSCOW, April 29 (RIA Novosti)
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