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The Advantages of the Northern Sea Route as an Energy Transport Artery and Its Environment

In: Energy of the Russian Arctic

Author

Listed:
  • Simona Chuguryan

    (University of Economics)

  • Zuzana Čičková

    (University of Economics)

  • Tetyana Zubro

    (University of Economics)

Abstract

The growing acceleration of energy and mineral resource depletion in the northern region as a result of global warming will require an alternative transport option between Europe and the Far East in the future. A suitable alternative to existing routes is the Northern Sea Route, which is the shortest route between East Asia and Europe, potentially making it a major waterway. The length of the North Sea Route makes it economically and energetically important, with high commercial potential suitable for the transportation of oil, natural gas, and other fuel resources. At the same time, since the Arctic is rich in natural resources, major global players will be competing for control of the region and its minerals.

Suggested Citation

  • Simona Chuguryan & Zuzana Čičková & Tetyana Zubro, 2022. "The Advantages of the Northern Sea Route as an Energy Transport Artery and Its Environment," Springer Books, in: Valery I. Salygin (ed.), Energy of the Russian Arctic, chapter 0, pages 251-275, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-2817-8_13
    DOI: 10.1007/978-981-19-2817-8_13
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