Russia Shipped Record 22 Million Tonnes of LNG Through Arctic in 2024

Russia continues to use the Arctic as an expanding transport corridor for its hydrocarbon resources. Last year it carried 21.86 million tonnes of liquefied natural gas along the Northern Sea Route, the main shipping lane. This represents an increase of 8.6 percent or 1.73 million tonnes over the previous year.

LNG remains the primary cargo exported via the Arctic seaway accounting for nearly 58 percent of total volume.

Crude oil also saw an increase of four percent to 8.1 million tonnes, or approximately 61 million barrels. This figure is slated to grow …