I don't see conflict, as some people are saying, such as a war or the use of force. I certainly don't see that. There's no reason for that to happen.
Exploiting these resources will involve a lot of investment, and those who are investing don't want to put their investments at risk. If there's a conflict, it will be an economic conflict. It's going to be an economic clash, but it certainly will not be an open conflict or an open war. I don't believe the very pessimistic scenarios that the Arctic is like the Africa of the 19th or 18th centuries, when every great power tried to take its share. I don't see it like that at all.
There will be some competition over investment, and over who is ready to exploit the resource. Russia seems way ahead of the others, but since their infrastructure is aging, I don't know if they will keep that position for a long time.