Cap of the North northern Fennoscandia. Cap of the North The Cap of the North ("Nordkalotten" in Norwegian and Swedish, or "Pohjoiskalotti" in Finnish) consists of the counties Finnmark, Nordland and Troms in Norway, Norrbotten County in Sweden, Lapland/Lappi Region in Finland and Murmansk Oblast in Russia. This area is roughly equal to the parts of Fennoscandia (including the Kola Peninsula in Russia) lying north of the Arctic Circle. The region has a subarctic climate and is home to the majority of the Sámi people. Historian Per Guttorm Kvenanger has criticized the term "Nordkalotten" for displacing the overlapping term Sápmi and hiding the "Sami
Natural resources of the Arctic BTOE of energy, 31% from oil and 21% from natural gas). Russia’s vast energy resources account for 52% of the Arctic totals and Norway’s for 12%. Norway, which has been extracting petroleum in the North Sea since the 1970s, in the 2010s expected new discoveries in the Barents Sea. As of 2013 Russia was exporting 88% of crude oil via pipelines, with a large majority of the natural gas also transported in that manner. 76% percent of natural gas and 79% of oil were exported to Europe, with the second largest customer for oil being China and for natural gas