MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

EZ/UK T-Bill Calendar: 9/12/28/50-Week BTF Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

North Sea Route Transit Projected to Grow

ENERGY

Hydrocarbons, coal and metals will be the top transit cargos transported along the Northern Sea Route (NSR) by 2035 according to Rosatom's head of the department on NSR infrastructure development Konstantin Stasyuk.

  • "Under the plan for development of the Northern Sea Route's infrastructures to 2035, we have set target indicators, and for years 2030, 2035 we have even raised them," he said. "As for transit, for example, by 2035 it is forecasted at 30 million tons - mostly hydrocarbons: oil, LNG, gas condensate, as well as coal, metals."
  • The Northern Sea Route is the shortest water route between the European part of Russia and the Far East. It will serve as a key passage to move Russian oil and oil products into Asia as upcoming bans erode flows into Europe.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.