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 Ocean () on Svalbard, a Norwegian archipelago, next to Fram Strait. In Russia, major ports sorted by the different sea areas are: The ocean's Arctic shelf comprises a number of continental shelves, including the Canadian Arctic shelf, underlying the Canadian Arctic Archipelago, and the Russian continental shelf, which is sometimes simply called the "Arctic Shelf" because it is greater in extent. The Russian continental shelf consists of three separate, smaller shelves, the Barents Shelf, Chukchi Sea Shelf and Siberian Shelf. Of these three, the Siberian Shelf is the largest such shelf in the world. The Siberian Shelf holds large oil and