This expedition is little more than a public relations stunt designed by the Kremlin to attract public support for Russia’s long held claim to a 463,000 mile chunk of the Arctic - about half the size of Western Europe.
The Kremlin has long believed the territory belonged to Russia - it was marked as such on Soviet maps from the 1920s.
But in 1997, Russia ratified the United Nations Convention on the Laws of the Sea, which limits the five nations on the Arctic Ocean Russia, Norway, Canada, the United States (through Alaska) and Denmark (through Greenland) to 200 miles of territorial waters.
But under the treaty, the five nations are allowed to file claims to a UN commission for greater territory if they can prove that their continental shelves are geographically linked to the Arctic seabed.
In 2001, Russia became the first country to file a claim, arguing that the underwater Lomonosov ridge was not merely a chain of mountains in international waters but was actually an extension of Siberia’s continental shelf.
The commission, however, was not convinced and asked for seismology reports and sonar measurements to support Russia’s submission.
After a six week expedition that ended in June, Russia’s Institute of Ocean Geology maintained it had a vital breakthrough - a claim that prompted Mr Chilingarov to set off on his patriotic mission.
Denmark is to submit its own claim and Canada has announced it will build eight armed ships capable of cutting through the ice.
Both countries are also expected to study the Lomonosov Ridge, which runs through Greenland to Canada’s Ellesmere Island.
The area is believed to have up to 10 billion barrels of oil.
With the United States and Norway also having filed claims, the prospect for bitter territorial disputes has been raised. Russia, however, remains quietly confident.
Even if the sector is not awarded to Russia, it is unlikely any other country could seize it. If Russia is successful, however, its already mighty energy reserves would be given a massive boost - although there is still doubt about the technical feasibility of extracting oil and gas from the Arctic.
Despite growing concerns over the way Moscow uses its energy for political gain, Russian scientists have repeatedly pledged that there is no intention to grab any part of the Arctic.
"A unilateral annexation of the area by Russia is impossible,” said Viktor Posyolov of the Russian Institute of Ocean Geology, which has led the Arctic exploration. “We will strictly abide by the UN convention.”
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