Shtokman - in 2006 considered to be the worlds biggest undeveloped offshore natural gas reserves - was located in the Barents Sea. But the Barents Region did not only have important oil- and natural gas resources.
As mayor of the IKEA-town of Haparanda, Sven-Erik Bucht, told the british newspaper The Guardian in January 2007:
«Here we have all the world's resources - iron, gold, silver, oil, gas and wood.»
And then Bucht did not even mention the incredibly rich fishing resources out in the Barents Sea; exporting fish to most of the world.