The Federation Council has ratified the Agreement between the Russian Federation and Kingdom Norway about differentiation of sea spaces in area of Varanger Fiord on Friday, PRIME-TASS reports. According to the source, the document confirms geographical coordinates of Russia-Norway border in the existing World Geodesic System of Coordinates of 1984.
The points confirmed by the previous agreement about Varanger Fiord, which was signed in 1957, are left unchanged.
According to the agreement the fields of hydrocarbons stretching at the territories of both countries may be developed as a whole under trans-boundary principle.