Lukoil's (LUKOY.PK) CEO Vagit Alekperov hints that Russia is moving toward welcoming anyone with...

|By:, SA News Editor

Lukoil's (LUKOY.PK) CEO Vagit Alekperov hints that Russia is moving toward welcoming anyone with the capital and technological expertise needed to drill in the Arctic waters north of Siberia. The region is one of the most remote and inhospitable regions on the planet - so remote that Russia hadn’t fully mapped where the coast ended and the polar ice began until the mid-twentieth century.