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Saturday, April 18, 2009

Norway extended its continental shelf

LONDON -(Dow Jones)-
Norway's continental shelf in the far north has been extended by an area of 235,000 square kilometers to around 2.4 million square kilometers, following a recommendation by the U.N's commission on the limits of the continental shelf.

The legally binding U.N. commission's recommendation confirms that Norway has rights and responsibilities in maritime areas stretching beyond the standard continental shelf accorded to countries which is up to 200 nautical miles from the coastline, Norwegian Foreign Minister Jonas Gahr Stoere said in a statement.

He added that the recommendation had put in place a "clear division of responsibility" and "predictable conditions" for activities in northern areas.

Norway submitted documentation to the commission on its continental shelf stretching into the Arctic Ocean, Barents Sea and Norwegian Sea in 2006, which was reviewed by the commission before it reached its recommendation.

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-By Elizabeth Adams, Dow Jones Newswires; +44 (0) 20 7842 9386; (END) Dow Jones Newswires
Copyright (c) 2009 Dow Jones & Company, Inc.
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