The Kola Peninsula is a peninsula located mostly in northwest Russia and partly in Finland and Norway. It is one of the largest peninsulas of Europe. Constituting the bulk of the territory of Murmansk Oblast, it lies almost completely inside the Arctic Circle and is bordered by the Barents Sea to the north and by the White Sea to the east and southeast. The city of Murmansk, the most populous settlement on the peninsula, has a population of roughly 270,000 residents.