MURMANSK, November 17. /TASS/. Hydrocarbons, coal and metals will be the top transit cargos transported along the Northern Sea Route (NSR) by 2035. The annual traffic is forecasted at 30 million tons, Rosatom's head of the department on NSR infrastructure development, Konstantin Stasyuk, said.
"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 plan had been drafted before the recent geopolitical changes, he added, stressing the targets would not be lowered.
The plan to develop the Northern Sea Route has been approved to 2035. Investments from different sources will make 1.8 trillion rubles ($30 billion). The transport corridor's cargo traffic is planned to grow from present 35 million tons to 220 million tons.
The Northern Sea Route is the shortest water route between the European part of Russia and the Far East. The route from the Kara Gate to Providence Bay is about 5,600 km long. It lies within the Russian territorial waters and within its exclusive economic zone, which is specifically important in the conditions of disrupted logistics supply chains due to external sanctions.