Abstract
Using the formalized method of morphostructural regionalization the map of recent block structure of the Iceland and surrounding shelf in the scale of 1:300000 was compiled. The Iceland megablock is divided into two macroblocks, which are separated by large morphostructural lineament corresponding to the rift zone. Radial disjunctives extend from continental part to the shelf of Iceland. Large volcanoes and epicentres of high magnitude earthquakes are attached to the elements of block structure. This connection may be used for determining of extreme events locations. The Iceland with its shelf and continental slope may be considered as intraoceanic morphostructural megajunction at the boundary of two lithosphere plates.
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