FSUOGM - Former Soviet Union Oil & Gas
Canadian sanctions exemption allows for the return of up to six Nord Stream 1 gas turbines
A sanctions exemption issued by the Canadian government to enable the return of a Siemens turbine to Russia’s Nord Stream pipeline will last for up to two years from now, making possible the import and re-export of a further five turbines.
Russia to export LPG to Bulgaria via Georgia
Azerbaijan increased gas exports by 15%
Naftogaz to defer eurobond repayments for two years
Ukraine’s largest state-owned oil and gas company Naftogaz has asked bondholders of nearly $1.5bn of bonds to defer coupon payments by two years, Interfax reported on July 12.
Spanish imports of Russian gas soar in June, while Algerian gas imports sink
Russian natural gas exports to Spain rose more than four-fold year on year in June, while Algerian deliveries dropped by more than half, according to data released by Spain's Enagas.
Turkey works on plans to bring in Turkmen gas, appears to test gas deliveries to Bulgaria
Georgia confirms find of 16 bcm of natural gas
Russian court reverses ruling impeding Kazakh oil exports but situation remains tense
Ahead of hearing, Kazakhstan says it is considering banning transit of sanctioned goods to Russia. Escalation of tensions may pose risk to Western oil assets.
What if Nord Stream 1 doesn’t come back online?
The Nord Stream 1 pipeline closed down on July 11 for routine maintenance. Under normal circumstances the 10-day closure would cause no alarm, but European officials have suggested that Moscow may keep the 55 bcm per year offline longer.
Nord Stream 1 shuts down for 10-day maintenance run
Kazakhstan’s petrol output up 4.2% y/y in Q1
Islamic State threatens Central Asian and Chinese ventures in Afghanistan
The terror group behind growing carnage in the wretched country says anyone working with the Taliban is a target.
How many days of gas consumption are in Europe’s storage tanks?
If the Russians turned off gas supplies to Europe today, how many days of gas are currently in the storage tanks?
Uzbekistan creating gas processing industry to feed soaring domestic demand
Rather than exporting natural gas as a raw material, Uzbekistan is investing into deep processing capacity to enable domestic production of fuels, plastics and other products.
Russia sanctions complicate Uzbek energy sector overhaul
Western sanctions imposed on Russia after the invasion of Ukraine are holding up investments in energy projects in double-landlocked Uzbekistan.
The European Union needs to cut demand by 15% to cope with Russian gas cuts
Without Russian gas, the European Union would have to reduce demand by approximately 15%, with big differences between different parts of Europe.
US seeks Asian support for Russian oil price cap
Kazakh president orders diversification of oil supply routes after Russia’s CPC suspension order
A Russian court ordered the Caspian Pipeline Consortium to suspend activity for 30 days after the Kazakh president pledged to help Europe restore its energy supplies.
SOCAR's net profit exceeds $1.2bn in 2021
SOCAR increased revenue by 56% in 2021
Dubai's Dragon Oil extends partnership with Turkmenistan's state oil company in $1bn deal
Ukraine is running out of money and Naftogaz is close to a bond default
Ukraine’s state-owned oil and gas company is likely to default, leading many to speculate that Ukraine will default later this year as the government struggles to pay for the war.
Europe’s gas storage reaches 60% as non-Russian deliveries accelerate
Natural gas storage tanks in Europe were 60% full on July 4 as non-Russian supplies of gas appear to have surged in the last weeks. Europe is still on target to reach its target of tanks 80% full by October but a lot of uncertainty remains.
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