Shell To Sea newsletter - 11/02/2008
international |
environment |
other press 
Sunday February 17, 2008 14:12
by JM
Rossport
Polar bears threatened by new drilling rights
The sale of licences to drill for oil and gas rights in Alaska will threaten the future of the region’s polar bears, conservationists warned today.
The oil and gas rights to drill in 29.4m acres in the Chukchi sea, which were made available by the US government’s Minerals Management Service (MMS) yesterday, have attracted record bids of $2.66bn from the likes of Shell and ConocoPhillips.
... “It’s also unacceptable that oil companies and the US government are effectively seeking to make a profit from the potential demise of a species,”
... The highest bid received for the sale was $105,304,581, submitted by Shell. Other bidding companies included ConocoPhillips, StatoilHydro, NACRA, Repsol, ENI and Iona Energy.
2008_02_11_alaska.pdf
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