Russia, the US, Canada, Denmark and Norway have all been trying to assert jurisdiction over parts of the Arctic, which is believed to hold up to a quarter of the planet’s undiscovered oil and gas. Rivalry for resources has intensified as shrinking polar ice is opening up new exploration opportunities
Russia has submitted a bid to the UN claiming vast territories in the Arctic.
The country’s foreign ministry said in a statement that Russia has renewed its efforts to claiming 1.2m sq km (over 463,000 sq miles) of sea shelf extending more than 350 nautical miles (about 650km) from the shore.
Earlier this year, Russia's military conducted exercises in the Arctic that involved 38,000 servicemen, more than 50 surface ships and submarines and 110 aircraft.

Vladimir Chuprov, campaigner for Greenpeace Russia, said:

“The melting of the Arctic ice is uncovering a new and vulnerable sea, but countries like Russia and Norway want to turn it into the next Saudi Arabia. Unless we act together, this region could be dotted with oil wells and fishing fleets within our lifetimes.”

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