
The Arctic plays a pivotal role in Russia's liquified natural gas (LNG) ambitions, leveraging its vast natural gas reserves and strategic geographic advantages. In 2022, LNG accounted for approximately 52% of Russia's energy portfolio, and despite global sanctions, production is projected to grow by 11% annually through 2035. With gas exports dropping by 55% since 2021, Russia has shifted focus to LNG via the Northern Sea Route that connects the Arctic Ocean to the Pacific and Atlantic Oceans.