Related Articles
The Arctic navigation window has increased but is still not year-round
Forward article link
Share PDF with colleagues

Winter LNG transit highlights Arctic’s growing role

Russia is leading the charge to normalise Arctic shipping as the region warms

Arctic waters are becoming increasingly navigable as a result of climate change, and Russia is leading the way in attempting to normalise shipping in high latitude regions. To the west, Canada and the US are already in disagreement over the status of the Northwest Passage. But shipping in the Arctic still poses significant challenges and is likely to remain mostly confined to Russian LNG shipments for now. The Northern Sea Route (NSR) along Russia’s Arctic coast cuts the voyage from Europe to Asia “by more than a third”, according to Russian deputy prime minister Yury Trutnev. A total of 33mn t of cargo, including 18mn t of LNG, was transported via the route in 2020, a fivefold increase in

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Sonangol exits Trafigura’s Puma
20 April 2021
The NOC will sell its stake in Puma Energy in return for the firm’s Angolan assets
European power trading innovation: Data begets more data
20 April 2021
Historic and real-time fundamentals are not the only information show in town, says software provider Kyos
Gabon’s E&P sector stays active
20 April 2021
The west African nation continues to attract upstream investment despite the global contraction in activity
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video