Russia Expands Oil Exports To China Via Arctic
With Europe out of the picture due to sanctions, Russia has begun rerouting oil previously destined for the continent to China and Asia via the Arctic Ocean’s North Sea Route
Source: oilprice.com
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With Europe out of the picture due to sanctions, Russia has begun rerouting oil previously destined for the continent to China and Asia via the Arctic Ocean’s North Sea Route
A High North News report Thursday detailed an uptick in oil shipping activities in the Arctic Ocean.
Sanctions have grounded Russia’s ambitious plans to build its liquefied natural gas capacity. Analysts say it’s a sign of problems ahead.