FSUOGM - Former Soviet Union Oil & Gas

8 September 2021

Indian firms reportedly in talks over Arctic LNG 2 stake acquisition

7 September 2021

Two Indian companies, Petronet LNG and ONGC Videsh Ltd (OVL), are reportedly in discussions about buying a stake in Russia’s Arctic LNG 2 project, which is being developed by Novatek.

Nord Stream 2 completed as last pipe section welded into place

7 September 2021

The last piece of pipe was welded into place on September 7, completing the construction of the controversial Nord Stream 2 gas pipeline connecting Russia’s vast Yamal gas fields directly to Germany and bypassing Ukraine.

Polish oil and gas company PGNiG buys Ukrainian firm to drill gas in western Ukraine

3 September 2021

Polish oil and gas company PGNiG buys Ukrainian firm to drill gas in western Ukraine

Hungary and Russia reach long-term gas supply agreement

31 August 2021

The agreement, to be signed at the end of September and coming into force from October 1, will be in force for 10+5 years.