FSUOGM - Former Soviet Union Oil & Gas

With Moldova deal, Greece begins to fulfil role as regional gas logistics hub

Greece and Moldova have signed an agreement whereby Moldova will in future be supplied with gas transiting Greece and the Balkans.

Ruble slumps amid reports Shell to get over $1bn for Sakhalin LNG stake

Reports that Shell is on track to convert and repatriate more than $1bn in ruble earnings from the sale of its stake in the Sakhalin LNG project has pushed the Russian currency to its lowest level in a year.

Kazakhstan takes operators of two major oil fields to arbitration

Turkmenistan: Going to the Arkadags

Cargo traffic from Russia doubles, electricity export plans, and the former president gets even more megalomaniacal. Eurasianet’s weekly briefing.

Uzbekistan's Bukhara refinery launches production of semi-synthetic diesel fuel

Turkey boosts diesel imports from Russia further in March

Russia’s Tatneft acquires Turkish fuel retailer Aytemiz for $320mn

Global gas flaring drops 3% in 2022

The global oil and gas industry managed to reduce gas flaring by 3% last year to 139 bcm, from 144 bcm in the previous year, the World Bank reported on March 29 in its new Global Gas Flaring Report (GGFR), despite oil output rising by 5% to 80mn bpd.

Hungary seeks out Azeri gas via Southeast Europe

Hungary is teaming up with Bulgaria, Romania, Greece and Turkey to look at options for securing natural gas from Azerbaijan via Southeast Europe, Foreign Affairs and Trade Minister Peter Szijjarto has said.

Petro Matad in negotiations with Mongolia for new oil block

Audit report on Moldovagaz’ dues to Gazprom deferred by two months

Details emerge of huge fines Kazakhstan is pursuing relating to Kashagan oilfield

The country’s Tokayev administration has resolved to tighten operating conditions for foreign-led oil and gas developments and potentially raise its equity interest in the largest offshore project, Kashagan.

EC welcomes proposals to block Russian LNG imports