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Rosatom aims to transport 150 million metric tons via Northern Sea Route by 2035

During the St. Petersburg International Economic Forum, Rosatom CEO Alexey Likhachev revealed intentions to boost cargo transportation along Northern Sea Route to 150 million metric tons each year by 2035. To achieve this ambitious target, the company plans to invest around 5 trillion rubles, equivalent to $68.2 billion, by 2030.

BRIC Team
BRIC Team
Jun 5, 2026 · 1 min read · 1 views
Rosatom aims to transport 150 million metric tons via Northern Sea Route by 2035

Key Takeaways

  • •Rosatom aims to transport 150 million metric tons annually along the Northern Sea Route by 2035, as stated by CEO Alexey Likhachev.
  • •Likhachev announced an investment of approximately 5 trillion rubles, or $68.2 billion, through 2030 to support this initiative.
  • •The strategy for the Northern Sea Route is described by Likhachev as an 'explosive' scenario to boost cargo traffic.
  • •Rosatom's expansion plans focus on enhancing connectivity between Far Eastern ports and those in St. Petersburg and Kaliningrad.
  • •The company's efforts reflect a broader ambition to establish the Northern Sea Route as a vital trade corridor.

Rosatom sets sights on boosting cargo along Northern Sea Route,eyeing 150 million metric tons annually by 2035. CEO Alexey Likhachev laid out this target at St. Petersburg International Economic Forum . He said a foundational model supports this level of transport, backed by large investment plans.

Likhachev disclosed that around 5 trillion rubles,or $68.2 billion,are set aside for investments through 2030. He called for bolder actions, describing it as high-stakes scenario. This approach aims to speed up cargo traffic growth on Northern Sea Route, linking Far Eastern ports to St. Petersburg and Kaliningrad.

Rosatom's operations in region are expanding slowly,with Likhachev highlighting need to master logistics of these northern routes. plans show a bigger vision for Northern Sea Route as key trade path…

#Business & Economy#SPIEF-2026

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