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Overview
Russia and the other former Soviet republics are often viewed as remote and obscure, but FSU OGM sheds light on the vital role these countries play in world energy markets. It explains the region's status as a key player in the EU's energy planning, while also focusing on the progress of efforts to expand deliveries to Asia.
Leading commentaries in recent years have covered the economic consequences of political unrest in Ukraine, efforts to open the Southern Gas Corridor between the Caspian Sea Basin and the EU, competition between Russia and Central Asia for access to the Chinese gas market and the continued rise in Russian liquids production.
Our journalists on the ground have a wealth of local experience and are proficient in Russian and other languages in Central Asia, allowing us to provide an unparalleled level of industry coverage.
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Kazakhstan denies reports Russia warned of potential halt in Kazakh oil transit to Germany
Lukoil yet to pick new chairman after premature deaths of last two heads
Russia’s largest private oil producer Lukoil is yet to announce a chairman after the recent premature deaths of its last two board heads.
Exploring Kazakhstan's $150bn claim at the Kashagan oil project
Kazakhstan has pursued many claims against the developers of its largest oil and gas projects over the years, and they end in settlement deals.
Shadow tanker that crashed off Denmark had invalid insurance
A shadow-fleet tanker that had a collision with another vessel in waters off Denmark in March provided invalid insurance documents.
Russian LNG to fall short of government targets, warns Rystad
The Norwegian consultancy believes new projects could face delays of five or more years.
Armenian parliamentary speaker backs gas supplies from Azerbaijan
Armenia's parliamentary speaker, Alen Simonyan, expressed support for the idea of importing natural gas from Azerbaijan, following President Ilham Aliyev's openness to the possibility.
Russia continues expanding oil supplies to Uzbekistan
Russia continued expanding its oil supplies to Uzbekistan in the first quarter of this year, replacing volumes from Kazakhstan.
TotalEnergies CEO warns Russian LNG sanctions would trigger price spike
EU sanctions on the Yamal LNG project would trigger a spike in global gas prices, raking in profits for global suppliers including TotalEnergies.
India once more accepting oil from Sovcomflot tankers
India appears to be once more accepting Sovcomflot tankers carrying Russian fuels, after halting shipments earlier this year because of US sanctions on the Russian state-owned shipowner.
Kazakhstan’s Tengiz project initiates first phase of long-awaited production expansion
Media investigation finds obscure firm linked to family of Uzbekistan’s Mirziyoyev secured lucrative secret state contracts
Putinomics: Russia’s oil and gas revenue to double in April
Russia’s oil and gas revenues surged in the first three months of this year by 79%, but Reuters calculated they will double in April compared to the same month a year earlier, the newswire reported on April 24.
Russian oil major Tatneft to pay 75% of profit in dividends
The board of Russian regional oil major Tatneft of the Tatarstan republic recommended a 4Q23 dividend of RUB25.17 per share, making a total 2023 dividend of RUB87.88 per share.
EU’s 14th sanctions package could include LNG, shadow tanker fleet
The upcoming 14th sanction package of the European Union for Russia’s full-scale military invasion of Ukraine will be directed at Russia’s liquefied natural gas sector and shadow tanker fleet transporting Russian oil.
Scarcity & security: European impact of Biden's LNG decision
Biden’s LNG freeze make little sense for both European and the US energy security, and won’t promote a green energy transition.
Europe unlikely to tackle Russian LNG imports anytime soon
The European Parliament voted in favour of rules earlier this month that would enable individual EU member states to block Russian LNG imports, by preventing Russian companies from booking capacity at gas infrastructure.
COMMENT: Can China compensate for Russia’s losses on the European gas market?
“Building the Power of Siberia 2 gas pipeline from Russia to China is a rational decision that would have made sense even before the war, but the project will never be able to replace Russia’s decimated gas trade with Europe."
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