Russian Oil Exports to Asia via Northern Sea Route Decline
Update: 2025-11-11
Description
Surprising Decline in Russian Oil Exports via Northern Sea Route: Despite its cost-effective advantages, shipments of crude oil to Asia have decreased by 4.2% this year, with only 1.83 million tons transported, a significant drop from last years 1.91 million tons. Experts had anticipated an increase, but the route is now expected to remain a minor part of Russias oil exports next year. Meanwhile, liquefied natural gas deliveries are also set to decline due to early winter ice, with some ships rerouting through the Suez Canal.
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