Rosneft and Novatek will increase oil and gas supplies via the Northern Sea Route

The plan for the development of the Northern Sea Route until 2035 involves the launch by Novatek of the most important project Arctic LNG 2" in 2023. And the cargo flow from Vostok Oil, Rosneft's project, will be 30 million tons in 2024, and will more than triple by 2030.

For companies in the long run, the launch of such large projects can be a positive thing.