The bloke has lost the plot.
The president warns against hostile action and terrorism in the Arctic and says regional oil installations must be protected. At the same time, he signs a law, empowering oil companies to establish their own armed forces.
Putin arms Arctic drillers | Barentsobserver
This will go down well with joe public if the companies say no.
Facebook, Gmail, Skype face Russia ban under 'anti-terror' plan - CNET