Northern Sea Route would steadily increase between 2019 and 2024. The country's Ministry of Natural Resources and Environment projected the navigation route’s freight volume to reach 95 million metric tons by 2024, or 89 million metric tons, excluding the Ob LNG by Novatek. The Ministry ot Transport suggested a lower growth rate, expecting the shipping quantity to increase by 35 million metric tons between 2023 and 2024. The Federal Agency on Atomic Energy of Russia (Rosatom) planned to increase the volume of transported LNG and gas condensate via the route to 41 million metric tons by 2024.
According to forecasts by different ministries of Russia, the volume of cargo transported via the Cargo volume through the Northern Sea Route in Russia from 2019 to 2024, by source (in million metric tons)
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RBC.ru. (July 30, 2019). Cargo volume through the Northern Sea Route in Russia from 2019 to 2024, by source (in million metric tons) [Graph]. In Statista. Retrieved April 18, 2024, from https://www.statista.com/statistics/1063540/estimated-northern-sea-route-cargo-volume-by-source/
RBC.ru. "Cargo volume through the Northern Sea Route in Russia from 2019 to 2024, by source (in million metric tons)." Chart. July 30, 2019. Statista. Accessed April 18, 2024. https://www.statista.com/statistics/1063540/estimated-northern-sea-route-cargo-volume-by-source/
RBC.ru. (2019). Cargo volume through the Northern Sea Route in Russia from 2019 to 2024, by source (in million metric tons). Statista. Statista Inc.. Accessed: April 18, 2024. https://www.statista.com/statistics/1063540/estimated-northern-sea-route-cargo-volume-by-source/
RBC.ru. "Cargo Volume through The Northern Sea Route in Russia from 2019 to 2024, by Source (in Million Metric Tons)." Statista, Statista Inc., 30 Jul 2019, https://www.statista.com/statistics/1063540/estimated-northern-sea-route-cargo-volume-by-source/
RBC.ru, Cargo volume through the Northern Sea Route in Russia from 2019 to 2024, by source (in million metric tons) Statista, https://www.statista.com/statistics/1063540/estimated-northern-sea-route-cargo-volume-by-source/ (last visited April 18, 2024)
Cargo volume through the Northern Sea Route in Russia from 2019 to 2024, by source (in million metric tons) [Graph], RBC.ru, July 30, 2019. [Online]. Available: https://www.statista.com/statistics/1063540/estimated-northern-sea-route-cargo-volume-by-source/