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Norway and Russia agree in Barents Sea Posted by on Apr 28, 2010

For mange tiår (decades) Norway and Russia have argued over ownership of 175,000 sq. km. in Barentshavet (the Barents Sea).  You might be wondering what the big deal is about Barentshavet.  It’s just water, right?  No, it’s money, and lots of it.  Tens of billions of barrells of olje (oil) and 1-3 of the world’s…

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