Advertise On EU-Digest

Annual Advertising Rates

2/1/14

Russia: Arctic city hopes to cash in as melting ice opens new sea route to China - by John Vidal

The city of Nadym, in the extreme north of Siberia, is one of the Earth's least hospitable places, shrouded in darkness for half of the year, with temperatures plunging below -30C and the nearby Kara Sea semi-permanently frozen.

But things are looking up for this Arctic conurbation halfway between Europe and China. Over the next 30 years climate change is likely to open up a polar shipping route between the Pacific and Atlantic oceans, cutting travel time to Asia by 40% and allowing Russia's vast oil and gas resources to be exported to China, Japan and south Asia much faster.

Nadym stands to benefit from a warmer climate more than any other Arctic city – the Russian government plans to connect it by road and rail to other oil and gas centres; Gazprom, the world's largest gas company, is building a port nearby with French oil major Total; and if the new northern sea route is open for even six months of the year, Nadym will find itself on the 21st-century equivalent of the ancient silk route.

"The entire centre of gravity of the world economy is shifting to Nadym," said the mayor, Stanislav Shegurov, a former gas worker, at a recent meeting of Arctic leaders in Norway.

Expectations are high that the route will complement the Suez canal as a key waterway for trade to and from Asia. "The Arctic is our home and our future. We will make full use of the northern sea route. We are building infrastructure, we are making history. We have ambitious plans," said Anton Vasiliev, Russian ambassador for the Arctic.

Only 71 large ships, working mostly with Russian icebreakers, navigated the route in 2013, but Russia expects a 30-fold increase in shipping by 2020 and ice-free water over most of its length by 2050.
Read more: Arctic city hopes to cash in as melting ice opens new sea route to China | World news | The Observer

No comments: