FSUOGM - Former Soviet Union Oil & Gas

30 March 2022

COMMENT: Russia could lose its gas customers if it insists on payment in rubles

29 March 2022

Converting payment for gas exports into rubles is a solution to a short-term problem that runs the risk, with a high probability, of completely losing the sales market in the long term.

G7 refuses Russian demand for its gas to be paid in rubles

29 March 2022

The G7 group of industrialised economies has unanimously agreed to refuse Moscow's demand that all gas imports from Russia be paid in rubles, saying that this is a breach of contract.

Uzbekistan puts up ‘for sale’ sign amid chill of Ukraine war

28 March 2022

Tashkent is selling its "crown jewels," but Russia's war in Ukraine is dampening the mood.

China’s Sinopec reportedly suspending Russian project talks

27 March 2022

China’s state-controlled Sinopec Group has reportedly suspended talks on a petrochemical investment and gas marketing venture in Russia.

Report finds ESG funds preferring Russian to Canadian oil

26 March 2022

A new CIBC Capital Markets report has highlighted ESG-focused funds showing a preference for Russian oil and gas investments over Canadian ones.

Forty gas distribution stations in Ukraine remain shut down

26 March 2022

Forty gas distribution stations in Ukraine remain shut down

ING: Pressure to reduce Russian gas dependence builds – but there’s no silver bullet for sectors

25 March 2022

Corporate decision-makers have a handful of measures available to them to significantly reduce gas demand from Russia. Gas to coal switching, curtailment of industrial production and lowering thermostats can have a big impact.

Think-tanks say total halt to EU Russian gas imports possible by 2025

25 March 2022

The EU stands a good chance of replacing 100% of its gas imports by 2025 without resorting to coal or new gas import infrastructure.

Confusion reigns over what Putin’s gas for rubles order means for Russia

24 March 2022

Confusion is reining amongst analysts and energy traders over why Russian President Vladimir Putin has ordered gas export deals to all be settled in rubles on March 23. The main issue is Russia cutting itself off from earning dollars and euros.

Kazakhstan assesses how to bypass CPC pipeline after Russia announces 'storm damage' shutdown

24 March 2022

Amid oil market tensions caused by Ukraine war, analysts raise questions on timing of interruption. None of pipeline’s western partners have been able to inspect the facilities.

COMMENT: The economic rationale for an oil and gas embargo on Putin’s regime

24 March 2022

Stopping purchases of Russian oil and gas is likely to be the fastest way to stop Putin’s war in Ukraine. It is also the most economically efficient one.

Putin retaliates to Western sanctions by demanding rubles-only payment for gas

24 March 2022

Russia’s President Vladimir Putin has announced that “unfriendly” countries will have to pay for gas in Russian rubles and requested that the central bank prepare the necessary conditions for enacting this within seven days.

Gas will flow through Ukraine as long as it is technically possible

24 March 2022

Gas will flow through Ukraine as long as it is technically possible