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 Russia built an extremely large military base on the island of Alexandra Land, expanding on an already established airbase called Nagurskoye, on the 80th parallel. The new complex is made of multiple inter-connected buildings and can house a company of 150 soldiers for up to 18 months without the need of re-supply. Russia's economic interests in the Arctic are based on two things - natural resources and maritime transport. The Northern Sea Route, in use for centuries and officially defined by Russian legislation, is an Arctic shipping lane that stretches from the Barents Sea to the Bering Strait through Arctic