US President Joe Biden intends to limit a large-scale oil drilling project in the state of Alaska. Agency reports Associated press Citing an American-administered source.
The publication material states that “Biden will prevent or limit 16 million acres (6.5 million hectares) of oil drilling in Alaska and the Arctic Ocean.”
For starters, drilling will be banned in 3 million acres (1.2 million hectares) of the Arctic Ocean. Thus, the current presidential administration will close the remaining federal waters to oil exploration.
In the second part of the program, the administration will develop new operating rules for more than 13 million acres (5.3 million hectares) of the Alaska National Oil Reserve. It is stated that this is a very impressive area.
But on March 11 reportedThat US authorities are supporting one of the “most expensive” drilling projects in Alaska. The cost of the project is estimated at $ 8 billion. According to this indicator, the development of deposits in Alaska will be one of the most expensive US resource projects in this area,