Word: norsk
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Dates: during 1990-1999
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...world looks upon all these resources and salivates. Texaco, Exxon, Amoco, Norsk Hydro and other transnational oil companies are setting up joint ventures to tap into the enormous oil and gas reserves scattered through Siberia, including the Timan Pechora basin above the Arctic Circle (where the recoverable reserves are estimated at nearly 4 billion bbl.). Canadian, American and other Western mining companies are prospecting for gold and other minerals. Norwegian and Japanese interests are negotiating to increase shipping between Europe and Asia by way of arctic waters north of Siberia...