The Northern Sea Route shortens transportation times to Asia’s biggest economy by 30% Russian energy major Gazprom delivered its first cargo of liquefied natural gas (LNG) via the Northern Sea Route (NSR) to China on Thursday, Reuters reported, citing the LSEG financial information company, as Moscow wants to expand using the Arctic corridor in the…
Those that have decided to maintain operations have done so due to favorable market conditions, according to Japan’s trade body About 35% of Japanese companies operating in Russia continue doing business “as usual” despite Tokyo’s commitment to complying with Western sanctions, a survey by the Japan External Trade Organization (JETRO) revealed on Wednesday.