India Considers Northern Sea Route Potential

... perspective, investment appears to be logical and rational. However, this also creates a geopolitical risk due to US sanctions on the Arctic LNG 2 project and other mining related sanctions. Furthermore, there may also be other legitimate unresolved Indian concerns. For instance, due to problems with the German subsidiary of Gazprom, which refused to honor its contract, they were unable to repatriate dividend income from investments in Russia. Media reports indicate that this was about USD 600 million. The latter issue is important as oil could have been expeditiously ...