Far North (Russia) Far North (Russia) The Extreme North or Far North () is a large part of Russia located mainly north of the Arctic Circle and boasting enormous mineral and natural resources. Its total area is about , comprising about one-third of Russia's total area. Formally, the regions of the Extreme North comprise the whole of Yakutia, Magadan Oblast, Kamchatka Krai and Murmansk Oblast, as well as certain parts and cities of Arkhangelsk Oblast, Komi Republic, Tyumen Oblast, Krasnoyarsk Krai, Irkutsk Oblast, Sakhalin Oblast, Khabarovsk Krai, as well as all islands of the Arctic Ocean, its seas, the Bering Sea, and the
Arctic policy of Russia north of the Arctic Circle. Overall, about 10% of the world's petroleum resources are estimated to be in the Arctic. The dominant portion of offshore Arctic hydrocarbon (oil and gas), as reflected in the USGS studies, is located within the current uncontested Exclusive Economic Zones of the five nations bordering the Arctic. In September 2013, Gazprom's oil drilling activities in the Arctic have drawn protests from environmental groups particularly Greenpeace. Greenpeace has opposed oil drilling in the Arctic on the grounds that oil drilling would cause damage to the Arctic ecosystem and that there are no safety plans in place