Special representative of the Rosatom state corporation Vladimir Panov said that the volume of cargo transportation along the Northern Sea Route (NSR) will set records every year.
“Every year we will see a record increase [in freight traffic along the NSR], every year there will be a historical record [of transportation set] along the entire route. Accordingly, 2024 will also be a record year,” Panov said at the Valdai Club during a discussion on the results of Russia’s chairmanship of the Arctic Council in 2021-2023.
Panov was quoted by TASS as saying that the volume of cargo traffic along the NSR depends primarily on the implementation of relevant Arctic projects. “A new project will start this year - Arctic LNG-2. ”
“At the moment, we see that not a single project has stopped and investments are huge.”
The volume of traffic along the Northern Sea Route in 2023 amounted to 36.254 million tons, exceeding the target by more than 250,000 tons.
Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished
