FSUOGM - Former Soviet Union Oil & Gas

4 May 2023

Liquefied natural gas prices jump in Armenia

3 May 2023

Driven by a dramatic rise in the price of liquefied natural gas, Armenia’s Commission for the Protection of Competition has conducted a preliminary study of the LNG market.

Russian vessels reportedly spotted in run-up to Nord Stream pipeline explosions

3 May 2023

Russian vessels capable of performing underwater operations were near the site of explosions that ruptured the Nord Stream pipelines in late September last year.

Uzbekistan launches new measures to support renewable energy to save gas

3 May 2023

The Uzbek government is looking to resolve the country’s gas supply crunch by making changes in legislation aimed at developing renewable energy sources (RES) and cutting gas consumption.

Lukoil boosts oil exports despite fallout from Ukraine war

3 May 2023

Russia’s largest independent oil producer Lukoil achieved 14% growth in oil exports last year to 711,000 barrels per day, despite the EU’s push to phase out deliveries from the country.

Russia signs decree on temporary control of foreign energy assets

3 May 2023

Russian President Vladimir Puttin last week signed a decree establishing temporary control of the assets of two foreign energy companies, raising the risk that other international investors in the Russian energy sector could suffer a similar fate.

Ukrainian oil transit operator to increase transit rate for Russian oil via Druzhba pipeline twice this summer

3 May 2023

Ukrtransnafta, Ukraine’s oil transit operator, will increase the rate of transit for Russian oil through the Druzhba pipeline twice this summer, Ukraine Business News reported on May 1.

Uzbekistan seeks to buy Russian gas via the Middle Asia-Centre gas pipeline

2 May 2023

Plans are underway to supply Uzbekistan with gas sourced from Russia via the Middle Asia-Centre gas pipeline, Uzbek Energy Minister Jurabek Mirzamahmudov said on May 1 at an investment conference.

International call for remote Turkmenistan to deal with methane emissions stepped up

1 May 2023

COP 28 climate conference organisers appeal to “super-emitter” country to work with outside agencies in addressing planet-warming leaks.

Kuryk port project takes aim at Kazakhstan’s dependence on Russian pipelines

29 April 2023

As Russia’s war in Ukraine upends the flow of fuels and commodities around the globe, countries including its ex-Soviet neighbours are hunting for alternative routes that avoid Russia.

Russia's oil and gas production expected to decrease by 20mn tonnes in 2023

28 April 2023

Russia's Deputy Prime Minister Alexander Novak announced on April 27 that the country's oil and gas condensate production is expected to decrease to 515mn tonnes in 2023 from 535mn tonnes in 2022.

Pakistan thrown a crude lifeline by Moscow

28 April 2023

The crude deal was agreed following a visit to Pakistan by a high-level Russian delegation earlier in the year headed by Russian Energy Minister Nikolay Shulginov.

“Oil Czar” Sechin said to be behind Kremlin’s Fortum/Uniper asset grab

28 April 2023

The influential head of Russia’s largest crude oil producer Rosneft Igor “Oil Czar” Sechin could be behind the most recent seizure of the assets of German Uniper and Finnish Fortum, The Bell suggests.

Naftogaz Group launches two new production wells, boosting daily gas output by over 300,000 cubic metres

27 April 2023

Ukraine's Naftogaz Group has successfully launched two new production wells, contributing over 300,000 cubic metres of gas to the company's daily production, Ukraine Business News reported on April 27.

Russia to overtake Middle East in April as India’s biggest supplier of crude imports

27 April 2023

Russia is set to overtake India’s tradition supplies of crude oil from the Middle East to become the biggest supplier as imports rise to record levels in April.

Wintershall Dea says Russia exit decision “final” after Putin’s decree

26 April 2023

German energy Wintershall Dea has taken a “final” decision to leave Russia, while closing the offices, repatriating foreign staff and considering “various exit options”, said RBC business portal citing the CEO of the company Dea Mario Mehren.

EU still among the largest importers of Russian oil products

26 April 2023

New data shows that the EU is still among the largest importers of oil products from Russia, which are routed through 'laundromat' countries to avoid sanctions, according to the CREA.

Gazprom proposes liberalisation of gas prices in domestic market

26 April 2023

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US companies in talks to join Ukrainian gas production, Naftogaz says

26 April 2023

US companies are in negotiations with Ukrainian gas giant, Naftogaz, to participate in Ukrainian gas production, Ukraine Business News reported on April 25.