The comprehensive development of the mineral and raw materials potential of the Arctic regions of Russia is a complex strategic task requiring the use of modern methods for planning spatial development of territories. One of such methods is the organization of cluster formations as an effective tool for implementing innovation policy. Consolidating the efforts of many participants, diversified territorial clusters become the main points of growth, the multiplier effect within which has a positive impact both on the economy of the region and the country in general. The high level of risk and the significant costs of Arctic raw material projects make it impossible to implement them simply by accumulating production and financial resources, which makes it necessary to model flexible territorial production systems on the principles of integration. The article analyzes the prerequisites for the formation of cluster formations based on the resource potential of the support zones of the Russian Arctic, and the main expected effects from the creation of innovative raw Arctic clusters are revealed. During the study, the expediency of using integration mechanisms in the development of hydrocarbon reserves in technically difficult conditions of the Far North was justified. The strategic analysis of the three Arctic oil and gas projects currently implemented on the principles of clustering – Novy Port, Messoyakha, Yamal LNG, made it possible to conclude that there are sufficient external effects of projects such as creating conditions for the innovative development of related industries, the formation of a high-tech infrastructure framework in the region, the accumulation of experience in the implementation of Arctic projects, the diversification of hydrocarbon exports.