Arctic resources race The Arctic consists of multiple sub-regions: Russian Arctic, Canadian Arctic, Greenland (Kalaallit Nunaat), Northern Alaska (USA), Svalbard(Norway), Iceland, Fennoscandia. In addition to these sub-regions, the Arctic Ocean and its multiple seas—Greenland Sea, Barents Sea, Kara Sea, Laptev Sea, East Siberian Sea, Chuckchi Sea, Beaufort Sea,etc.-- make the arctic a vast region with a variety of natural resources. The U.S. Geological Survey estimates that undiscovered oil and gas reserves in the Arctic amount to 22% of the world's total, about 412 billion barrels of oil. A Brookings Institution summary reported: The first offshore oil platform in the Arctic was Prirazlomnaya in
Kara Sea depths of the dumping sites range from 12 to 135 meters, and in the Novaya Zemlya Trough at depths of up to 380 meters. Liquid low-level wastes were released in the open Barents and Kara Seas. A subsequent appraisal by the International Atomic Energy Agency showed that releases are low and localized from the 16 naval reactors (reported by the IAEA as having come from seven submarines and the icebreaker "Lenin") which were dumped at five sites in the Kara Sea. Most of the dumped reactors had suffered an accident. The Soviet submarine K-27 was scuttled in Stepovogo Bay with