Arctic waters continue to open to shipping
Delivery of LNG module via Northern Sea Route shows potential for year-round LNG deliveries, Novatek says
The delivery of a module for Russian gas firm Novatek’s Arctic LNG 2 project in Russia’s far north marks another milestone for the opening up of the Northern Sea Route (NSR). Ice-class carrier the Audax transported the module from Tianjin in China to Murmansk this month with nuclear icebreaker support. It was “unique” for a vessel of that size to transit the entire NSR at this time of year, according to Novatek. And despite “challenging ice conditions”, the voyage’s success “testifies to the possibility of year-round LNG deliveries via the NSR to the Asia-Pacific region”, Novatek says. NSR voyages typically have to be completed between July and November, but are considerably quicker than oth
Also in this section
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent






