Russia claims resource-rich swathe of Arctic territory

Russian officials on Tuesday submitted a formal claim to the United Nations for control of a resource-rich swathe of the Arctic seabed stretching as far as the North Pole.

Sergei Donskoi, Russia’s minister for the environment and natural resources, confirmed last October that the country was seeking recognition of its exclusive economic rights to about 460,000 square miles of the region.

The area has been estimated to hold five billion tons of hitherto unexploited oil and gas reserves.