The US Geological survey claims the arctic is home to 90 billion barrels of oil
The Arctic Trefoil military base in the Alexandra Land region of the northern mass of ice is the biggest manmade structure in the high arctic.
Decorated in the red, white and blue of the Russian flag, the 150,000 sq ft base is capable of sheltering troops from the harsh -50 degrees centigrade weather outside.
And its believed the Kremlin will carry out plans to house nuclear ready SU-34 fighter jets inside the vast facility.
The base will initially home 150 Russian troops
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Wed, February 22, 2017
Russian forces take part in Cold War training in Arctic Siberia. Military tests in shocking minus 30C to check performance of equipment and personnel in toughest of conditions.
Ministry of Defence
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While providing a tactically advantageous base close to US, Canadian and Danish soil, the facility will also allow Russian access to oil-rich arctic land.
Speaking last month on a visit to the base, Russian President Vladimir Putin claimed the value of mineral riches in the region could be as much as £23 trillion.
He said: “Natural resources, which are of paramount importance for the Russian economy, are concentrated in this region.”
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The base secures arctic land rich in natural resources
The US Geological survey claims the arctic is home to 90 billion barrels of oil, 1,699 trillion cubic feet of natural gas and 44 billion barrels of natural gas liquids – with 84 per cent of these existing offshore.
It comes as the Arctic looks to be another region where the US and Russia are locked in a standoff following tensions in North Korea and Syria.
In January US defence secretary James ‘Mad Dog’ Mattis claimed the arctic was “key strategic terrain”.
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Dog-led sleds are used for transport in the harsh climate
He told congress: “Russia is taking aggressive steps to increase its presence there.
“I will prioritise the development of an integrated strategy for the Arctic.”
But last month Vladimir Putin said: “We’re not going to wage wars or compete with the United States here.