FSUOGM - Former Soviet Union Oil & Gas
Uzbekistan exports $85mn of gas to China in June
Europe could still face very tough winter if Russia cuts gas supply entirely, says IEA
Russian gas pipeline flow to Europe has averaged about 2bn cubic metres per month so far this year, or roughly six to seven times less than the corresponding 2017-2021 range. But Russia has also been sending around an equal amount of gas in LNG form.
Bulgarian lawmakers to take control of Lukoil oil terminal
Lawmakers in the 240-seat parliament voted 144 in favour of a bill that would end Lukoil’s concession to run the Rosenets oil terminal near the Black Sea port of Burgas.
Arctic LNG-2 to reach full capacity in Q1 24, says Novatek head
Russia’s top LNG producer Novatek expects the first train of its Arctic LNG-2 project to reach its full capacity of 6.6mn tonnes per year in the first quarter of 2024, CEO Leonid Mikhelson told reporters late on July 20.
Czech Republic to continue importing Russian oil until 2025
The Czech Republic will continue importing Russian oil until 2025, at which point it will be able to switch to alternative supplies, an official at Czech pipeline operator Mero, Zdenek Dundr, told the local Pravo newspaper on July 21.
Russian oil firms' contributions to rise to highest level this year in August
Russian oil companies’ contributions to the Russian state will climb in August to their highest level this year following a rise in the price of the country’s flagship Urals oil blend, the finance ministry reported last week.
Dubai replaces Geneva as key base for Russian oil trade
Dubai and other cities in the UAE have replaced Geneva as a major base for traders of Russia’s oil since Swiss authorities joined the EU embargo on that trade last year.
FSUOGM: Russia to slash oil exports in August
Novatek to raise LNG supplies to Japan
Russian natural gas producer Novatek plans to ship over 2mn tonnes per year of LNG from the Arctic LNG 2 plant, Reuters reported on July 21.
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