A comparative of the Northern Sea Route (NSR) in commercial and environmental perspective with focus on LNG shipping

3 Acknowledgment: 4 Preface: 5 List of Figures: 9 List of Tables: 10 List of Abbreviations: 11 1.Introduction 12 Background: 12 The search problem: 14 The Research focus: 14 The search questions and objectives: 15 Structure of thesis: .. 16 2.Theoretical framework: 17 Arctic Climate Change: 17 Arctic Shipping Routes: 18 The Northern Sea Route and Suez canal Route: .. 19 Comparative Economic Potential of Routes: 24 Comparative Environmental Potential of Routes: 26 Liquefied Natural gas (LNG): .. ... 27 LNG value chain: 29 LNG Demand and Supply: 29 Arctic Hydrocarbon Reserves: 31 Norway: 31 Russia: 32 Shale Gas Revolution and LNG: 32