Page 138 - RusRPTOct20

92.6mn tons. The NSR, which stretches the entire length of Russia's Arctic and Far East regions, is expected to become a major trade route for goods shipped between Europe and Asia. Putin plans on having NSR cargo traffic significantly increase up to 80mn tons a year. Ships will mainly transport liquefied natural gas, oil, and coal. The Arctic route from Southeast Asia to Europe cuts transportation time in half, compared to traditional routes through the Suez and Panama canals. In Soviet times, it was used mainly to supply goods to isolated settlements in the Arctic.
138 ​RUSSIA Country Report​ October 2020 ​ ​www.intellinews.com